The Banking Sector in Sub-Saharan Africa

Over the last two decades, states have been
divesting from productive and financial sectors in
Sub-Saharan Africa. On the other hand, they have
been endeavoring to promote private sector
development and regional economic integration.
Meanwhile, financial groups keep expanding their
scope across countries by creating/purchasing banks.
Within this context, this book addresses the issue
of privatization, moral hazard, and government
regulation for banking in Sub-Saharan Africa. After
an introductory chapter, it explores the
privatization of non-financial public productive
enterprises in the continent. Chapter 3 is an
overview of state divestiture from banking sectors.
Chapter 4 tests the effects of state divestiture on
bank profitability in a sample of six countries over
1986-1998. Chapter 5 examines the topic of moral
hazard and government regulation for banks in Sub-
Saharan Africa. It suggests proposals regarding bank
regulation and supervision. The book is essential
reading for graduate students in banking and
finance, policymakers, and practitioners seeking a
deeper understanding of moral hazard and bank
regulation in Sub-Saharan Africa.

Autorentext

Ph.D. (Economics), M.A. (Development Banking), American University-USA. D.E.S. (Economics), Université CA Diop-Senegal. External Lecturer: UN African Institute for Economic Development & Planning-Senegal. Economist: UNICEF Regional Office-Senegal (4 years), West African Development Bank-Togo (5 years), Ministry of Finance-Senegal (9 years).

Klappentext

Over the last two decades, states have been divesting from productive and financial sectors in Sub-Saharan Africa. On the other hand, they have been endeavoring to promote private sector development and regional economic integration. Meanwhile, financial groups keep expanding their scope across countries by creating/purchasing banks. Within this context, this book addresses the issue of privatization, moral hazard, and government regulation for banking in Sub-Saharan Africa. After an introductory chapter, it explores the privatization of non-financial public productive enterprises in the continent. Chapter 3 is an overview of state divestiture from banking sectors. Chapter 4 tests the effects of state divestiture on bank profitability in a sample of six countries over 1986-1998. Chapter 5 examines the topic of moral hazard and government regulation for banks in Sub-Saharan Africa. It suggests proposals regarding bank regulation and supervision. The book is essential reading for graduate students in banking and finance, policymakers, and practitioners seeking a deeper understanding of moral hazard and bank regulation in Sub-Saharan Africa.