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Regulatory and Supervisory Structures

In: Bank Management and Supervision in Developing Financial Markets

Author

Listed:
  • Wilbert O. Bascom

    (First Equity Corporation)

Abstract

Safe, sound and strong banks provide the underpinnings of a growing economy. In market economies, commercial banks play a critical role in gathering funds from the public and in channelling these funds to their most productive uses. Funds allocation decisions are made not in accordance with an economy-wide plan or credit directives from the government or the central bank, but instead, by a vast number of credit and investment officers, acting independently of each other and responding to market opportunity — basically market signals.

Suggested Citation

  • Wilbert O. Bascom, 1997. "Regulatory and Supervisory Structures," Palgrave Macmillan Books, in: Bank Management and Supervision in Developing Financial Markets, chapter 10, pages 199-221, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37239-9_10
    DOI: 10.1057/9780230372399_10
    as

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