Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs
The objective of the reforms is to improve the capacity of financial institutions to serve the needs of economic agents and the population at large. In Cote d'Ivoire, downsizing, reorganization and (as required) privatization and liquidation o...
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| Format: | Brief |
| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1996/08/13982689/reforming-state-dominated-banking-systems-africa-financial-adjustment-technical-assistance-programs http://hdl.handle.net/10986/9960 |
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okr-10986-99602021-04-23T14:02:47Z Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs World Bank ACCESS TO CREDIT AUDITS BANK LENDING BANK POLICIES BANKING ASSETS BANKING CRISES BANKING SYSTEM BANKING SYSTEMS BANKS BEST PRACTICE BEST PRACTICES COMMERCIAL BANKS CONFIDENCE CREDIT GUARANTEE CREDITORS DEPOSITORS DEREGULATION DEVELOPING MARKETS ECONOMIC AGENTS ECONOMIC POLICIES ECONOMIC REFORM ENTERPRISE DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SYSTEMS FOREIGN BANKS GUARANTEE SCHEMES INSURANCE INSURANCE COMPANIES INTEREST RATE INTERNATIONAL DEVELOPMENT LIQUIDATION LOAN LOAN PORTFOLIOS MICRO FINANCE MICRO-FINANCE MICRO-FINANCE INSTITUTIONS MONETARY FUND MONETARY MANAGEMENT MULTINATIONAL MULTINATIONAL BANKS NATIONAL BANK OUTREACH PRIVATE BANKS PRIVATE CAPITAL PRIVATE SECTOR DEVELOPMENT PRIVATIZATION REGULATORY BARRIERS REORGANIZATION RURAL FINANCE SMALL ENTERPRISE SMALL ENTERPRISE FINANCE SMALL ENTERPRISES SMALL FARMS TECHNICAL ASSISTANCE URBAN AREAS VENTURE CAPITAL VILLAGE The objective of the reforms is to improve the capacity of financial institutions to serve the needs of economic agents and the population at large. In Cote d'Ivoire, downsizing, reorganization and (as required) privatization and liquidation of key banks and insurance companies, in the early 1990s led to the establishment of a more efficient and competitive banking system. In Benin, all state-owned commercial banks were liquidated in the late 1980s, leading the way to the emergence of a strong network of private banks serving urban areas, and of grass root-based institutions serving people in rural areas. On the other hand, efforts undertaken in Tanzania in the late 1980s and early 1990s to restructure the banking system met with failure. Continued fiscal disequilibria, lack of political commitment behind the privatization of the state-owned National Bank of Commerce (NBC), and lack of clarity on the appropriate strategy to carry out such privatization have left Tanzania with well over 80 percent of banking assets held by NBC and with well over half of the loan portfolios of NBC and other state-owned banks non-performing. 2012-08-13T09:59:44Z 2012-08-13T09:59:44Z 1996-08 http://documents.worldbank.org/curated/en/1996/08/13982689/reforming-state-dominated-banking-systems-africa-financial-adjustment-technical-assistance-programs http://hdl.handle.net/10986/9960 English Africa Region Findings & Good Practice Infobriefs; No. 7 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research :: Brief Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO CREDIT AUDITS BANK LENDING BANK POLICIES BANKING ASSETS BANKING CRISES BANKING SYSTEM BANKING SYSTEMS BANKS BEST PRACTICE BEST PRACTICES COMMERCIAL BANKS CONFIDENCE CREDIT GUARANTEE CREDITORS DEPOSITORS DEREGULATION DEVELOPING MARKETS ECONOMIC AGENTS ECONOMIC POLICIES ECONOMIC REFORM ENTERPRISE DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SYSTEMS FOREIGN BANKS GUARANTEE SCHEMES INSURANCE INSURANCE COMPANIES INTEREST RATE INTERNATIONAL DEVELOPMENT LIQUIDATION LOAN LOAN PORTFOLIOS MICRO FINANCE MICRO-FINANCE MICRO-FINANCE INSTITUTIONS MONETARY FUND MONETARY MANAGEMENT MULTINATIONAL MULTINATIONAL BANKS NATIONAL BANK OUTREACH PRIVATE BANKS PRIVATE CAPITAL PRIVATE SECTOR DEVELOPMENT PRIVATIZATION REGULATORY BARRIERS REORGANIZATION RURAL FINANCE SMALL ENTERPRISE SMALL ENTERPRISE FINANCE SMALL ENTERPRISES SMALL FARMS TECHNICAL ASSISTANCE URBAN AREAS VENTURE CAPITAL VILLAGE |
| spellingShingle |
ACCESS TO CREDIT AUDITS BANK LENDING BANK POLICIES BANKING ASSETS BANKING CRISES BANKING SYSTEM BANKING SYSTEMS BANKS BEST PRACTICE BEST PRACTICES COMMERCIAL BANKS CONFIDENCE CREDIT GUARANTEE CREDITORS DEPOSITORS DEREGULATION DEVELOPING MARKETS ECONOMIC AGENTS ECONOMIC POLICIES ECONOMIC REFORM ENTERPRISE DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SYSTEMS FOREIGN BANKS GUARANTEE SCHEMES INSURANCE INSURANCE COMPANIES INTEREST RATE INTERNATIONAL DEVELOPMENT LIQUIDATION LOAN LOAN PORTFOLIOS MICRO FINANCE MICRO-FINANCE MICRO-FINANCE INSTITUTIONS MONETARY FUND MONETARY MANAGEMENT MULTINATIONAL MULTINATIONAL BANKS NATIONAL BANK OUTREACH PRIVATE BANKS PRIVATE CAPITAL PRIVATE SECTOR DEVELOPMENT PRIVATIZATION REGULATORY BARRIERS REORGANIZATION RURAL FINANCE SMALL ENTERPRISE SMALL ENTERPRISE FINANCE SMALL ENTERPRISES SMALL FARMS TECHNICAL ASSISTANCE URBAN AREAS VENTURE CAPITAL VILLAGE World Bank Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs |
| geographic_facet |
Africa |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 7 |
| description |
The objective of the reforms is to
improve the capacity of financial institutions to serve the
needs of economic agents and the population at large. In
Cote d'Ivoire, downsizing, reorganization and (as
required) privatization and liquidation of key banks and
insurance companies, in the early 1990s led to the
establishment of a more efficient and competitive banking
system. In Benin, all state-owned commercial banks were
liquidated in the late 1980s, leading the way to the
emergence of a strong network of private banks serving urban
areas, and of grass root-based institutions serving people
in rural areas. On the other hand, efforts undertaken in
Tanzania in the late 1980s and early 1990s to restructure
the banking system met with failure. Continued fiscal
disequilibria, lack of political commitment behind the
privatization of the state-owned National Bank of Commerce
(NBC), and lack of clarity on the appropriate strategy to
carry out such privatization have left Tanzania with well
over 80 percent of banking assets held by NBC and with well
over half of the loan portfolios of NBC and other
state-owned banks non-performing. |
| format |
Publications & Research :: Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs |
| title_short |
Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs |
| title_full |
Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs |
| title_fullStr |
Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs |
| title_full_unstemmed |
Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs |
| title_sort |
reforming state-dominated banking systems in africa : financial adjustment and technical assistance programs |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1996/08/13982689/reforming-state-dominated-banking-systems-africa-financial-adjustment-technical-assistance-programs http://hdl.handle.net/10986/9960 |
| _version_ |
1764411296921419776 |