Coping with Falling Oil Prices : The Different Fortunes of African Banks /

This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset qual...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gueye, Cheikh
مؤلفون آخرون: Mbelu, Asithandile, Sy, Amadou
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/129
الوصول للمادة أونلاين:Full text available on IMF
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100 1 |a Gueye, Cheikh. 
245 1 0 |a Coping with Falling Oil Prices :   |b The Different Fortunes of African Banks /  |c Cheikh Gueye, Asithandile Mbelu, Amadou Sy. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (28 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset quality and liquidity; (ii) foreign-owned banks are the most resilient as they are able to improve asset quality and attract deposits but at the same time, they decelerate credit growth; in contrast, (iii) Pan-African Banks help stabilize overall credit but large banks in that segment experience reduced asset quality. These differentiated results suggest a tradeoff between maintaining credit growth and safeguarding financial stability in an oil slump which could be addressed by both micro- and macroprudential policies. 
538 |a Mode of access: Internet 
700 1 |a Mbelu, Asithandile. 
700 1 |a Sy, Amadou. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/129 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2019/129/001.2019.issue-129-en.xml  |z IMF e-Library