Nigeria : publication of financial sector assessment program documentation - technical note of banking cross-border issues /

Nigeria : publication of financial sector assessment program documentation - technical note of banking cross-border issues /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2013.
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.
Subject:
International finance.
Economic history.
International finance.
Nigeria -- Economic conditions.
Nigeria.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12502059
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:9781484316788
9781484300107
1484300106
9781484300107
Notes:Includes bibliographical references.
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.
Standard no.:10.5089/9781484300107.002

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