Advanced Search
MyIDEAS: Login to save this paper or follow this series

Banking in Sub-Saharan Africa


Author Info

  • Françoise Le Gall
  • Roland Daumont
  • François Leroux
Registered author(s):


    The purpose of this paper is to study the origins of banking crises in sub-Saharan Africa, drawing upon the experience of ten countries during the period 1985-95. It examines, in particular, which factors were the most important sources of these crises. The conclusions underscore that the banking crises examined did not represent an entirely special case-a number of factors identified in the general literature, including macroeconomic shocks, were highly relevant-but note that several of their features were nonetheless specific to this part of the world. These banking crises were the very prototype of endemic crises associated with heavy government intervention in the banking system. In this regard, the paper analyzes the complex role of the government in banking in sub-Saharan Africa, the many channels through which governments intervened, and the economic and institutional environment in which the banks operated.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 04/55.

    as in new window
    Length: 49
    Date of creation: 01 Apr 2004
    Date of revision:
    Handle: RePEc:imf:imfwpa:04/55

    Contact details of provider:
    Postal: International Monetary Fund, Washington, DC USA
    Phone: (202) 623-7000
    Fax: (202) 623-4661
    Web page:
    More information through EDIRC

    Order Information:

    Related research

    Keywords: Banking systems; Intervention; banking; banking crises; banking system; banking crisis; banking supervision; banking sector; insider lending; connected lending; capital adequacy; financial liberalization; foreign exchange; banking regulation; bank credit; financial crises; systemic banking crisis; banking operations; bank lending; bank fraud; bank supervision; financial distress; banking concentration; banking sectors; bank performance; bank supervisors; internal control; bank failures; causes of banking crises; structural adjustment; competitiveness; bank capital; bank deposits; bank for international settlements; deposit insurance; liquidity crisis; accounting standards; systemic bank restructuring; bank regulation; bank owners; working capital; bank assets; national bank; prudential regulation; bank insolvency; bank ownership; bank soundness; bank regulations; credit policy; bank financing; macroeconomic stabilization; banking laws; banking regulations; retained earnings; bank depositors; banks ? assets; insolvent banks; financial crisis; banking authorities; banking sector assets; bank credit ceilings; financial integration; banking activities; banking sector fragility; mortgage lending; accounting system; banking system failures; cross-country experience; bank loan; contagion; bank funding; merchant bank; foreign exchange market; interbank money market; liquidity ratio; bank fragility; bank restructuring; legal infrastructure; bank licenses; bank insolvencies; macroeconomic policies; loan supervision; recession; bank branch network; borderline financial crises; banking system assets; bank branch; cooperative bank; specialized bank; banking legislation; capital adequacy ratio; currency crises; bank loans; bank examination; loan maturity; bank earnings; bank profitability; financial reforms; closure of banks; financial sector development; runs on banks; economic recession; capital base; bankers; excess liquidity;

    This paper has been announced in the following NEP Reports:


    No references listed on IDEAS
    You can help add them by filling out this form.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. David Hauner & Shanaka J. Peiris, 2005. "Bank Efficiency and Competition in Low-Income Countries," IMF Working Papers 05/240, International Monetary Fund.
    2. Janvier D. Nkurunziza, 2005. "Reputation and Credit without Collateral in Africa`s Formal Banking," Economics Series Working Papers WPS/2005-02, University of Oxford, Department of Economics.
    3. Vogel, Ursula & Winkler, Adalbert, 2010. "Foreign banks and financial stability in emerging markets: Evidence from the global financial crisis," Frankfurt School - Working Paper Series 149, Frankfurt School of Finance and Management.
    4. Thorsten Beck & Samuel Munzele Maimbo, 2013. "Financial Sector Development in Africa : Opportunities and Challenges," World Bank Publications, The World Bank, number 11881, October.
    5. Honohan, P. & Beck, T.H.L., 2007. "Making finance work for Africa," Open Access publications from Tilburg University urn:nbn:nl:ui:12-3125420, Tilburg University.
    6. Fofack, Hippolyte L., 2005. "Nonperforming loans in Sub-Saharan Africa : causal analysis and macroeconomic implications," Policy Research Working Paper Series 3769, The World Bank.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:04/55. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.