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One South African bank, for example, has taken an equity stake in a nonbank lender with innovative credit-scoring capabilities and a novel business model to serve SME customers better.The COVID-19 crisis will not leave the banking sector unscathed. The past year has seen the acceleration of ...
bank account linked to debit card, nonbank prepaid card 2 Credit card, mortgage, renovation loan, car loan, unsecured personal loan, overdraft account 3 Time deposit, foreign currency savings/time deposit 4 L...
Emil-Maria Claassen 149Accesses Abstract The ‘traditional’ currency crises over the past years occurred in those countries which had adopted the regime of a fixed exchange rate. This statement should not be interpreted as if any fixed-foreign-exchange-rate regime is crisis-prone. Two examples ma...
(from 1981 to 2020) set drawn from the 2021 Central Bank of Nigeria (CBN) statistical bulletin. The mediation effect of public spending was tested by performing structural equation modeling after pre-estimation Augmented Dickey-Fuller unit root test.FindingsOverall, the study outcomes indicate that ...
In this paper, the fixed effects method known as the least squares dummy variable (LSDV) technique was applied to investigate the possibility of a trade-off between bank profitability indicators and banking outreach (expanding access to banking services) by analysing a panel of 10 Southern African...
Before joining the Bank, Ambassador Keshi had a distinguished career in the diplomatic service of the Federal Republic of Nigeria ending up as the top career diplomat of the country, when he served as the head of the ministry in the capacity of the Permanent Secretary. He had also served as...
This study examines the interplay between institutional quality, financial development, and the financial performance of profit-oriented non-bank microfinance institutions (NBMFIs) in Africa. Results from fixed effect and system GMM estimations indicate that institutional size significantly predicts the ...
Britain Treasury chief Gordon Brown said 18 countries, many in sub-Saharan Africa, will benefit immediately from the deal to scrap 100 percent of the debt they owe to the World Bank, the Inter- national Monetary Fund and the African Development Bank. As many as 20 other countries could be ...