Nigeria : Financial Sector Stability Assessment

Publication Date: May 28, 2013
Electronic Access: Free Full text (PDF file size is 1,228KB).
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Summary: This Financial Sector Stability Assessment on Nigeria discusses the macroeconomic performance and structure of the financial system. Although Nigerian economy experienced both domestic and external shocks in recent years, the economy continued to grow rapidly, achieving more than 7 percent growth each year since 2009. The performance of financial institutions has begun to improve, though some of the emergency anti-crisis measures continue to be in place. However, the regulatory and supervisory framework has gaps and weaknesses. In sum, the Nigerian economy has emerged from the banking crisis, and has the potential to enjoy an extended period of strong economic growth.
Series: Country Report No. 13/140
Subject(s): Financial sector | Banks | Islamic banking | Stress testing | Liquidity management | Bank supervision | Deposit insurance | Risk management | Payment systems | Anti-money laundering | Combating the financing of terrorism | Financial system stability assessment | Reports on the Observance of Standards and Codes | Nigeria

Publication Date: May 28, 2013
ISBN/ISSN: 9781484304440/1934-7685 Format: Paper
Stock No: 1NGAEA2013002 Pages: 132
US$18.00 (Academic Rate:
US$18.00 )
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