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

Table of Contents:

Cover; Contents; Glossary; I. Introduction; II. Cross-Border Expansion of Nigerian Banks; III. Cross-Border Coordination Issues; Figure; 1. Snapshot of Cross-Border Liquidity Flows in January and August 2012; IV. Recommendations; Box; 1. The European Bank Coordination "Vienna" Initiative (EBCI); References.