Politics of Banking Reforms

Seth Apati

Chapter 6 in The Nigerian Banking Sector Reforms, 2012, pp 104-140 from Palgrave Macmillan

Abstract: Abstract In his first official speech, on 7 July 2009, the new governor of the Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi remarked that the banking sector did not face a systemic risk: ‘The CBN surveillance activities will receive new impetus to ensure efficient management and good corporate governance…Our view is that there are stress points in banks’ balance sheets (margin loans, proprietary positions, oil marketing names, unsecured large exposures) and these are being dimensioned.’ (based on various newspaper reports between 7 July and 9 July 2009)

Keywords: Corporate Governance; Banking Sector; International Financial Reporting Standard; Banking Crisis; Regulatory Capture (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1057/9780230305359_6

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