Reforming State-Dominated Banking Systems in Africa : Financial Adjustment and Technical Assistance Programs
[摘要] The objective of the reforms is toimprove the capacity of financial institutions to serve theneeds of economic agents and the population at large. InCote d'Ivoire, downsizing, reorganization and (asrequired) privatization and liquidation of key banks andinsurance companies, in the early 1990s led to theestablishment of a more efficient and competitive bankingsystem. In Benin, all state-owned commercial banks wereliquidated in the late 1980s, leading the way to theemergence of a strong network of private banks serving urbanareas, and of grass root-based institutions serving peoplein rural areas. On the other hand, efforts undertaken inTanzania in the late 1980s and early 1990s to restructurethe banking system met with failure. Continued fiscaldisequilibria, lack of political commitment behind theprivatization of the state-owned National Bank of Commerce(NBC), and lack of clarity on the appropriate strategy tocarry out such privatization have left Tanzania with wellover 80 percent of banking assets held by NBC and with wellover half of the loan portfolios of NBC and otherstate-owned banks non-performing.
[发布日期] [发布机构] Washington, DC
[效力级别] [学科分类] 社会科学、人文和艺术(综合)
[关键词] ACCESS TO CREDIT;AUDITS;BANK LENDING;BANK POLICIES;BANKING ASSETS [时效性]