Publication: Bank Restructuring in Sub-Saharan Africa : Lessons Learned
Date
1997-06
ISSN
Published
1997-06
Author(s)
Deschamps, Jean-Jacques
Bonnardeaux, James
Abstract
A review of bank restructuring
operations in seven countries of Sub-Saharan Africa - Benin,
Cote d'Ivoire, Ghana, Kenya, Tanzania, Uganda, and
Mozambique indicates that not all these efforts have
succeeded. Interventions to break-up or privatize dominant
state-owned banks are, in some cases, still going on, years
after initial actions were agreed upon with local
authorities. Hence, the importance of drawing lessons from
these experiences for other African countries undertaking
similar efforts. The review represents the first systematic
attempt by the World Bank to analyze and compare the
outcomes of bank restructuring programs in individual
countries in the region.
Citation
“Deschamps, Jean-Jacques; Bonnardeaux, James. 1997. Bank Restructuring in Sub-Saharan Africa : Lessons Learned. Africa Region Findings & Good Practice Infobriefs; No. 89. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/ed48497e-13f6-5762-8067-6e3d43ee979f License: CC BY 3.0 IGO.”