Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria
This paper uses unique bank-by-bank balance sheet and income statement information to investigate the intermediation efficiency in the Nigerian pre-consolidated banking sector during 2000-05. The author analyzes whether the Central Bank of Nigeria&...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/06/7745720/financial-intermediation-pre-consolidated-banking-sector-nigeria http://hdl.handle.net/10986/7446 |
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okr-10986-74462021-04-23T14:02:33Z Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria Hesse, Heiko ACCOUNTING ARBITRAGE AUCTIONS BAD DEBT BAD DEBTS BALANCE SHEET BALANCE SHEETS BANK ASSETS BANKING CONCENTRATION BANKING CRISIS BANKING INDUSTRY BANKING LEGISLATION BANKING REGULATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKS BENCHMARKS CAPITAL MARKETS CAPITAL REQUIREMENTS CENTRAL BANK COMMERCIAL BANKS COMPETITIVENESS CONSOLIDATION CORRELATION ANALYSIS COUNTRY COMPARISONS DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEREGULATION DEVALUATION DISINTERMEDIATION EARNING ASSETS ECONOMIES OF SCALE EXCESS LIQUIDITY EXCHANGE RATES FINANCIAL DEREGULATION FINANCIAL DISINTERMEDIATION FINANCIAL INDICATORS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL LIBERALIZATION FINANCIAL REGULATION FINANCIAL SECTOR FINANCIAL SECTOR REFORM FOREIGN BANKS FOREIGN EXCHANGE GDP GROWTH RATE GUIDELINES INCOME STATEMENTS INFLATION INFLATION RATE INFLATION RATES INTEREST INCOME INTEREST RATE INTEREST RATES INVESTMENT BANKS LATIN AMERICAN LEGAL SYSTEMS LIQUID ASSETS LOAN LOSS PROVISIONS LOAN MARKETS MARGINAL COST MARGINAL COSTS MERGERS MORTGAGES NATIONALIZATION OPERATING INCOME OPPORTUNITY COSTS OVERHEAD COSTS OVERVALUATION PARENT COMPANY POLITICAL ECONOMY PORTFOLIO PORTFOLIO QUALITY PRIVATIZATION PROFIT MARGIN PROFIT MARGINS PROPERTY OWNERSHIP RESERVE REQUIREMENT RESERVE REQUIREMENTS SAVINGS SCALE EFFECTS SPECIALIZED INVESTMENT STATE ENTERPRISES STATEMENT STRUCTURAL ADJUSTMENT TAX PAYMENTS TAX RATE TOTAL REVENUE TRADE LIBERALIZATION TRANSACTION COSTS TREASURY BILL VOLATILITY This paper uses unique bank-by-bank balance sheet and income statement information to investigate the intermediation efficiency in the Nigerian pre-consolidated banking sector during 2000-05. The author analyzes whether the Central Bank of Nigeria's policy of recent banking consolidation can be justified and rationalized by looking at the determinants of spreads. A spread decomposition and panel estimations show that the reform of the banking sector could be the first step to raise the intermediation efficiency of the Nigerian banking sector. The author finds that larger banks have enjoyed lower overhead costs, increased concentration in the banking sector has not been detrimental to the spreads, both increased holdings of liquidity and capital might have led to lower spreads in 2005, and a stable macroeconomic environment is conducive to a more efficient channeling of savings to productive investments. 2012-06-07T19:35:34Z 2012-06-07T19:35:34Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/7745720/financial-intermediation-pre-consolidated-banking-sector-nigeria http://hdl.handle.net/10986/7446 English Policy Research Working Paper; No. 4267 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Nigeria |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ARBITRAGE AUCTIONS BAD DEBT BAD DEBTS BALANCE SHEET BALANCE SHEETS BANK ASSETS BANKING CONCENTRATION BANKING CRISIS BANKING INDUSTRY BANKING LEGISLATION BANKING REGULATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKS BENCHMARKS CAPITAL MARKETS CAPITAL REQUIREMENTS CENTRAL BANK COMMERCIAL BANKS COMPETITIVENESS CONSOLIDATION CORRELATION ANALYSIS COUNTRY COMPARISONS DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEREGULATION DEVALUATION DISINTERMEDIATION EARNING ASSETS ECONOMIES OF SCALE EXCESS LIQUIDITY EXCHANGE RATES FINANCIAL DEREGULATION FINANCIAL DISINTERMEDIATION FINANCIAL INDICATORS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL LIBERALIZATION FINANCIAL REGULATION FINANCIAL SECTOR FINANCIAL SECTOR REFORM FOREIGN BANKS FOREIGN EXCHANGE GDP GROWTH RATE GUIDELINES INCOME STATEMENTS INFLATION INFLATION RATE INFLATION RATES INTEREST INCOME INTEREST RATE INTEREST RATES INVESTMENT BANKS LATIN AMERICAN LEGAL SYSTEMS LIQUID ASSETS LOAN LOSS PROVISIONS LOAN MARKETS MARGINAL COST MARGINAL COSTS MERGERS MORTGAGES NATIONALIZATION OPERATING INCOME OPPORTUNITY COSTS OVERHEAD COSTS OVERVALUATION PARENT COMPANY POLITICAL ECONOMY PORTFOLIO PORTFOLIO QUALITY PRIVATIZATION PROFIT MARGIN PROFIT MARGINS PROPERTY OWNERSHIP RESERVE REQUIREMENT RESERVE REQUIREMENTS SAVINGS SCALE EFFECTS SPECIALIZED INVESTMENT STATE ENTERPRISES STATEMENT STRUCTURAL ADJUSTMENT TAX PAYMENTS TAX RATE TOTAL REVENUE TRADE LIBERALIZATION TRANSACTION COSTS TREASURY BILL VOLATILITY |
| spellingShingle |
ACCOUNTING ARBITRAGE AUCTIONS BAD DEBT BAD DEBTS BALANCE SHEET BALANCE SHEETS BANK ASSETS BANKING CONCENTRATION BANKING CRISIS BANKING INDUSTRY BANKING LEGISLATION BANKING REGULATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKS BENCHMARKS CAPITAL MARKETS CAPITAL REQUIREMENTS CENTRAL BANK COMMERCIAL BANKS COMPETITIVENESS CONSOLIDATION CORRELATION ANALYSIS COUNTRY COMPARISONS DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEREGULATION DEVALUATION DISINTERMEDIATION EARNING ASSETS ECONOMIES OF SCALE EXCESS LIQUIDITY EXCHANGE RATES FINANCIAL DEREGULATION FINANCIAL DISINTERMEDIATION FINANCIAL INDICATORS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL LIBERALIZATION FINANCIAL REGULATION FINANCIAL SECTOR FINANCIAL SECTOR REFORM FOREIGN BANKS FOREIGN EXCHANGE GDP GROWTH RATE GUIDELINES INCOME STATEMENTS INFLATION INFLATION RATE INFLATION RATES INTEREST INCOME INTEREST RATE INTEREST RATES INVESTMENT BANKS LATIN AMERICAN LEGAL SYSTEMS LIQUID ASSETS LOAN LOSS PROVISIONS LOAN MARKETS MARGINAL COST MARGINAL COSTS MERGERS MORTGAGES NATIONALIZATION OPERATING INCOME OPPORTUNITY COSTS OVERHEAD COSTS OVERVALUATION PARENT COMPANY POLITICAL ECONOMY PORTFOLIO PORTFOLIO QUALITY PRIVATIZATION PROFIT MARGIN PROFIT MARGINS PROPERTY OWNERSHIP RESERVE REQUIREMENT RESERVE REQUIREMENTS SAVINGS SCALE EFFECTS SPECIALIZED INVESTMENT STATE ENTERPRISES STATEMENT STRUCTURAL ADJUSTMENT TAX PAYMENTS TAX RATE TOTAL REVENUE TRADE LIBERALIZATION TRANSACTION COSTS TREASURY BILL VOLATILITY Hesse, Heiko Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria |
| geographic_facet |
Africa Nigeria |
| relation |
Policy Research Working Paper; No. 4267 |
| description |
This paper uses unique bank-by-bank
balance sheet and income statement information to
investigate the intermediation efficiency in the Nigerian
pre-consolidated banking sector during 2000-05. The author
analyzes whether the Central Bank of Nigeria's policy
of recent banking consolidation can be justified and
rationalized by looking at the determinants of spreads. A
spread decomposition and panel estimations show that the
reform of the banking sector could be the first step to
raise the intermediation efficiency of the Nigerian banking
sector. The author finds that larger banks have enjoyed
lower overhead costs, increased concentration in the banking
sector has not been detrimental to the spreads, both
increased holdings of liquidity and capital might have led
to lower spreads in 2005, and a stable macroeconomic
environment is conducive to a more efficient channeling of
savings to productive investments. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Hesse, Heiko |
| author_facet |
Hesse, Heiko |
| author_sort |
Hesse, Heiko |
| title |
Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria |
| title_short |
Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria |
| title_full |
Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria |
| title_fullStr |
Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria |
| title_full_unstemmed |
Financial Intermediation in the Pre-Consolidated Banking Sector in Nigeria |
| title_sort |
financial intermediation in the pre-consolidated banking sector in nigeria |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/06/7745720/financial-intermediation-pre-consolidated-banking-sector-nigeria http://hdl.handle.net/10986/7446 |
| _version_ |
1764402052046258176 |