World Bank2013-08-162013-08-162000-05https://hdl.handle.net/10986/15112This report is a comprehensive review of the Nigerian financial system, covering the following areas: i) macro-financial environment; ii) safety and soundness of the banking system; iii) banking supervision; iv) development finance institutions; v) community banks and commercial banks' rural operations; vi) insurance and pensions; vii) housing finance; viii) money and capital markets; and ix) term finance and leasing. The report is in three volumes: Volume 1 (Overview and Macro-financial Environment) covers the Executive Summary, Overview of the Financial System and Macro-Financial Issues. Volume 2 (Banking Institutions) contains chapters on: i) The Banking System; ii) Assessment of Banking Supervision; iii) Development Finance Institutions; and iv) Community Banks and Commercial banks' rural operations. Volume 3 (Non-Bank Financial Institutions and Markets) includes: i) Insurance and Pensions; ii) Housing Finance; iii) Money and Capital Markets; and iv) Term Finance and Leasing. The Statistical Annex contains relevant data for all the chapters.en-USCC BY 3.0 IGOACCOUNTINGACCOUNTING POLICIESADMINISTRATIVE COSTSASSET RATIOAUDITORSBAD DEBTBALANCE SHEETBANK ASSETSBANK BRANCHESBANK DEPOSITSBANK EXAMINATIONBANK LOANSBANK MANAGEMENTBANK REGULATIONBANK STATEMENTSBANK SUPERVISIONBANKING INSTITUTIONSBANKING SECTORBANKING STRUCTUREBANKING SUPERVISIONBANKING SYSTEMBANKING SYSTEM DISTRESSBANKING SYSTEMSBANKRUPTCYBASLE CORE PRINCIPLESBOARDS OF DIRECTORSBORROWINGCAPITAL ADEQUACYCAPITAL ADEQUACY RATIOSCAPITAL BASECAPITAL REQUIREMENTCAPITAL REQUIREMENTSCENTRAL BANKCHECK CLEARINGCLEARING HOUSECLOSED BANKSCOLLATERALCOMMERCIAL BANK DEPOSITSCOMMERCIAL BANKSCOMMUNITY BANKSCONFIDENTIALITYCONNECTED LENDINGCONSOLIDATED SUPERVISIONCREDIT RISKCURRENT ASSETSDEMAND DEPOSITSDEPOSIT INSURANCEDEPOSITORSDEPOSITSDEVELOPMENT BANKSDEVELOPMENT FINANCEDEVELOPMENT FINANCE INSTITUTIONSDISTRESSED BANKSDIVIDENDSDOWN PAYMENTSEQUITY CAPITALEXTERNAL AUDITORSFINANCE COMPANIESFINANCIAL ANALYSISFINANCIAL CONDITIONFINANCIAL PERFORMANCEFINANCIAL SECTORFINANCIAL STATEMENTSFIXED ASSETSFOREIGN BANKSFOREIGN EXCHANGEFOREIGN EXCHANGE EXPOSUREFRAUDGOVERNMENT BANKSGUIDELINESINCOME STATEMENTSINITIAL PUBLIC OFFERINGSINSIDER LENDINGINSOLVENT BANKSINSURED DEPOSITSINTEGRITYINTEREST EXPENSEINTEREST INCOMEINTEREST RATEINTEREST RATESINTERNAL CONTROLSIPOSLAWSLEGAL FRAMEWORKLEGAL PROTECTIONLETTERS OF CREDITLIABILITYLIQUID ASSETSLIQUIDATIONLIQUIDITYLOAN CONCENTRATIONSLOAN LOSS PROVISIONSMANAGEMENT INFORMATION SYSTEMSMARKET RISKMARKET RISKSMERCHANT BANKSNET INTEREST MARGINNET PROFITNET WORTHOBLIGATIONOVERHEAD COSTSPENALTIESPERSONAL BANKRUPTCYPORTFOLIOSPRIVATE BANKSPRIVATIZATIONPROBLEM BANKSPROFITABILITYPRUDENTIAL REGULATIONSPRUDENTIAL REQUIREMENTSRECAPITALIZATIONRESERVE REQUIREMENTSRISK ADJUSTED ASSETSRISK MANAGEMENTSAVINGSSECURITIESSMALL BANKSSUBSIDIARIESSUBSIDIARYSUPERVISORY AUTHORITIESTIME DEPOSITSURBAN DEVELOPMENTWorld Bank10.1596/15112