Bank privatization and performance - emprical evidence from Nigeria

Thorsten Beck, Robert Cull and Afeikhena Jerome

No 3511, Policy Research Working Paper Series from The World Bank

Abstract: The authors assess the effect of privatization on performance in a panel of Nigerian banks for the period 1990-2001. They find evidence of performance improvement in nine banks that were privatized, which is remarkable given the inhospitable environment for true financial intermediation. Their results also suggest negativeeffects of the continuing minority government ownership on the performance of many Nigerian banks. The authors'results complement aggregate indications of decreasing financial intermediation over the 1990s. Banks that focused on investment in government bonds and non-lending activities enjoyed a relatively higher performance.

Keywords: Municipal Financial Management; Banks&Banking Reform; Financial Crisis Management&Restructuring; Payment Systems&Infrastructure; International Terrorism&Counterterrorism; Banks&Banking Reform; Financial Crisis Management&Restructuring; Municipal Financial Management; Financial Intermediation; Economic Theory&Research (search for similar items in EconPapers)
Date: 2005-02-01
New Economics Papers: this item is included in nep-afr, nep-dev and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (66)

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Journal Article: Bank privatization and performance: Empirical evidence from Nigeria (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:3511

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