Banking sector integration and competition in CEMAC /

Banking sector integration and competition in CEMAC /

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Bibliographic Details
Author / Creator:	Saab, Samer Y., author.
Imprint:	[Washington, D.C.] : International Monetary Fund, 2007.
Description:	1 online resource (25 pages) : illustrations
Language:	English
Series:	IMF working paper ; WP/07/3.
Subject:	Communauté économique et monétaire de l'Afrique centrale. Communauté économique et monétaire de l'Afrique centrale. Monetary unions -- Africa, Central. Banks and banking -- Africa, Central. Competition -- Africa, Central. Competition. Fiscal policy -- Africa, Central. Economic Competition Fiscal policy. Banks and banking. Competition. Monetary unions. Central Africa.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12497422

Hidden Bibliographic Details
Other authors / contributors:	Vacher, Jérôme, author. International Monetary Fund. Monetary and Capital Markets Department.
ISBN:	1283512769 9781283512763
Notes:	Includes bibliographical references (pages 24-25). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	This paper considers the extent of retail banking integration in the Communauté Economique et Monétaire d'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative indicators, the paper finds some evidence of price convergence in average interest rate spreads. However, this observed fact is not supported by an increase in cross-border flows in retail loans and deposits, and price convergence may merely reflect excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited, complementing the findings on integration. Addressing shortfalls in legal and regulatory frameworks, infrastructure, and markets would facilitate integration.
Other form:	Print version: Saab, Samer Y. Banking sector integration and competition in CEMAC. [Washington, D.C.] : International Monetary Fund, 2007

Description
Summary:	This paper considers the extent of retail banking integration in the Communaute Economique et Monetaire d'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative indicators, the paper finds some evidence of price convergence in average interest rate spreads. However, this observed fact is not supported by an increase in cross-border flows in retail loans and deposits, and price convergence may merely reflect excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited, complementing the findings on integration. Addressing shortfalls in legal and regulatory frameworks, infrastructure, and markets would facilitate integration.
Physical Description:	1 online resource (25 pages) : illustrations
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 24-25).
ISBN:	1283512769 9781283512763