Banking efficiency and financial development in Sub-Saharan Africa /

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Bibliographic Details
Author / Creator:Kablan, Sandrine, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2010.
Description:1 online resource (25 pages) : illustrations
Language:English
Series:IMF working paper ; WP/10/136
IMF working paper ; WP/10/136.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498620
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. African Department, issuing body.
ISBN:9781455216246
1455216240
1282846116
9781282846111
9781455201198
1455201197
1455200409
9781455200405
Notes:Includes bibliographical references (pages 20-24).
English.
Print version record.
Summary:This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses stochastic frontier analysis to measure efficiency and a generalized method of moments system to explain financial development. SSA banks are found to be generally cost-efficient, but nonperforming loans undermine efficiency, which suggests that improvement in the regulatory and credit environments should improve efficiency. The political and the economic environment have held back financial development in SSA.
Other form:Print version: Kablan, Sandrine. Banking Efficiency and Financial Development in Sub-Saharan Africa. Washington : International Monetary Fund, ©2010 9781455201198