A Country Study of Cote d`Ivoire in relation to its banking sector

Zimy Samuel Yannick Gahe, Zhao Hongzhong and Thierry Belinga
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Zimy Samuel Yannick Gahe: School of Economics, Wuhan University of Technology, China
Zhao Hongzhong: School of Economics, Wuhan University of Technology, China
Thierry Belinga: School of Economics, Wuhan University of Technology, China

International Journal of Management Science and Business Administration, 2017, vol. 3, issue 4, 25-31

Abstract: The objective of this paper is to analyze the external environment of the Ivorian banking sector to identify relevant factors that may affect it somehow. To do so, we use the Political, Economic, Socio-cultural, Technological and Legal (PESTL) basic framework as inspiration to implement our analytical process. We conduct our analysis by looking at factual elements and secondary data collected from trustworthy institutions. On the one hand, it appears that Cote dÂ’Ivoire is a well-positioned country with numerous endowments, important investments opportunities, and a relatively open market. Banks can take advantage of the countryÂ’s development trend by managing and channeling the inflow of money. On the other hand, socio-political unrests, regional issues, and corruption are threats. Moreover, the strategic role of this country seems to be a significant factor to consider in relation to competition, political actions, and bank regulation.

Keywords: Cote dÂ’Ivoire; Banking Sector; PESTL Analysis (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijmsba:v:3:y:2017:i:4:p:25-31

DOI: 10.18775/ijmsba.1849-5664-5419.2014.34.1003

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