Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank

Because large state-owned banks are often the only financial service providers in remote areas of low-income countries, policymakers worry that even if privatization improves performance, it might reduce access. We study this issue through a case study: the privatization of Uganda Commercial Bank (U...

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Main Authors: Clarke, George R. G., Cull, Robert, Fuchs, Michael
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5535
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spelling okr-10986-55352021-04-23T14:02:22Z Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank Clarke, George R. G. Cull, Robert Fuchs, Michael Banks Other Depository Institutions Micro Finance Institutions Mortgages G210 Financial Institutions and Services: Government Policy and Regulation G280 Comparison of Public and Private Enterprises Privatization Contracting Out L330 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Because large state-owned banks are often the only financial service providers in remote areas of low-income countries, policymakers worry that even if privatization improves performance, it might reduce access. We study this issue through a case study: the privatization of Uganda Commercial Bank (UCB) to the South African bank Stanbic. Though market segmentation remains a concern since Stanbic faces little or no direct competition in many remote areas, some innovative aspects of the sales agreement have enabled the bank to improve its profitability while maintaining, or even improving, access to financial services for some hard-to-serve groups. 2012-03-30T07:33:18Z 2012-03-30T07:33:18Z 2009 Journal Article World Development 0305750X http://hdl.handle.net/10986/5535 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Uganda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Banks
Other Depository Institutions
Micro Finance Institutions
Mortgages G210
Financial Institutions and Services: Government Policy and Regulation G280
Comparison of Public and Private Enterprises
Privatization
Contracting Out L330
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
spellingShingle Banks
Other Depository Institutions
Micro Finance Institutions
Mortgages G210
Financial Institutions and Services: Government Policy and Regulation G280
Comparison of Public and Private Enterprises
Privatization
Contracting Out L330
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
Clarke, George R. G.
Cull, Robert
Fuchs, Michael
Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank
geographic_facet Uganda
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Because large state-owned banks are often the only financial service providers in remote areas of low-income countries, policymakers worry that even if privatization improves performance, it might reduce access. We study this issue through a case study: the privatization of Uganda Commercial Bank (UCB) to the South African bank Stanbic. Though market segmentation remains a concern since Stanbic faces little or no direct competition in many remote areas, some innovative aspects of the sales agreement have enabled the bank to improve its profitability while maintaining, or even improving, access to financial services for some hard-to-serve groups.
format Journal Article
author Clarke, George R. G.
Cull, Robert
Fuchs, Michael
author_facet Clarke, George R. G.
Cull, Robert
Fuchs, Michael
author_sort Clarke, George R. G.
title Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank
title_short Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank
title_full Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank
title_fullStr Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank
title_full_unstemmed Bank Privatization in Sub-Saharan Africa: The Case of Uganda Commercial Bank
title_sort bank privatization in sub-saharan africa: the case of uganda commercial bank
publishDate 2012
url http://hdl.handle.net/10986/5535
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