Publication:
Banking in Africa: Opportunities and Challenges in Volatile Times

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dc.contributor.authorBeck, Thorsten
dc.contributor.authorMare, Davide Salvatore
dc.contributor.authorValenzuela, Patricio
dc.contributor.authorMare, Davide S.
dc.date.accessioned2023-12-19T17:01:45Z
dc.date.available2023-12-19T17:01:45Z
dc.date.issued2023-12-19
dc.description.abstractThis paper surveys existing literature and data to take stock of the current state of banking systems across Sub-Saharan Africa. It documents different dimensions of the development of the banking systems in the region and compares Africa’s banking systems to those of comparable low- and lower-middle-income countries outside the region. The paper also discusses the progress in policies and institutions underpinning financial deepening and the results of specific innovations to reach traditionally unbanked segments of the population, such as innovative branch expansion programs, mobile banking, and new financial products. In view of the COVID-19 pandemic, the paper discusses government support for financial systems and banking sector performance during crises. Overall, the survey shows a picture of achievements and challenges, with progress along some fronts but other challenges persisting even as new ones arise, including the turning of the global financial cycle in 2022/23 and increasing geopolitical tensions.en
dc.identifierhttp://documents.worldbank.org/curated/en/099021012072314723/IDU02ba078c809b2404f9d09f800ec70c22d6e0e
dc.identifier.doi10.1596/1813-9450-10632
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40757
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers; 10632
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBANKING
dc.subjectFINANCIAL INCLUSION
dc.subjectFINANCIAL INNOVATION
dc.subjectFINANCIAL STABILITY
dc.subjectBANKING SYSTEMS
dc.subjectFINANCIAL CYCLES
dc.titleBanking in Africaen
dc.title.subtitleOpportunities and Challenges in Volatile Timesen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleBanking in Africa: Opportunities and Challenges in Volatile Times
okr.date.disclosure2023-12-07
okr.date.lastmodified2023-12-07T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099021012072314723/IDU02ba078c809b2404f9d09f800ec70c22d6e0e
okr.guid099021012072314723
okr.identifier.docmidIDU-2ba078c8-9b24-4f9d-9f80-ec70c22d6e0e
okr.identifier.doi10.1596/1813-9450-10632
okr.identifier.doihttp://dx.doi.org/10.1596/1813-9450-10632
okr.identifier.externaldocumentum34210169
okr.identifier.internaldocumentum34210169
okr.identifier.reportWPS10632
okr.import.id2604
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099021012072314723/pdf/IDU02ba078c809b2404f9d09f800ec70c22d6e0e.pdfen
okr.region.administrativeAfrica Eastern and Southern (AFE)
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.geographicalAfrica
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicSocial Development::Social Inclusion & Institutions
okr.unitDECRG: Finance & Priv Sec Devt (DECFP)
relation.isAuthorOfPublication4694cd5a-bd90-594b-abe2-f5b681139e6d
relation.isAuthorOfPublicationca96ab93-217d-4359-a222-2481b357efdb
relation.isAuthorOfPublication.latestForDiscovery4694cd5a-bd90-594b-abe2-f5b681139e6d
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
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