Nigeria : publication of financial sector assessment program documentation - technical note of banking cross-border issues /
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| Imprint: | Washington, D.C. : International Monetary Fund, ©2013. |
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| Description: | 1 online resource (20 pages :) : illustrations. |
| Language: | English |
| Series: | IMF Staff Country Reports, 2227-8907 ; Country Report No. 13/142 IMF Staff Country Reports ; Country Report no. 13/142. |
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| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12502059 |
| Summary: | The global financial crisis provided Nigerian banks with opportunities to expand within Sub-Saharan Africa. Nigerian banks have active cross-border liquidity flows, which may complicate the operation of monetary policy. The Central Bank of Nigeria (CBN) should enhance further its work in improving cross-border supervision, including home-host coordination and cooperation. The CBN may also consider taking initiative in establishing a regional coordination group similar to the Vienna Initiative. The CBN should improve data collection and granularity on cross-border transactions and funding flows of Nigerian international banks. |
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| Physical Description: | 1 online resource (20 pages :) : illustrations. |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9781484316788 9781484300107 1484300106 |
| ISSN: | 2227-8907 ; |