Regulatory and Supervisory Structures

Wilbert O. Bascom
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Wilbert O. Bascom: First Equity Corporation

Chapter 10 in Bank Management and Supervision in Developing Financial Markets, 1997, pp 199-221 from Palgrave Macmillan

Abstract: Abstract Safe, sound and strong banks provide the underpinnings of a growing economy. In market economies, commercial banks play a critical role in gathering funds from the public and in channelling these funds to their most productive uses. Funds allocation decisions are made not in accordance with an economy-wide plan or credit directives from the government or the central bank, but instead, by a vast number of credit and investment officers, acting independently of each other and responding to market opportunity — basically market signals.

Keywords: Financial Market; Central Bank; Banking System; Deposit Insurance; Bank Management (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37239-9_10

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DOI: 10.1057/9780230372399_10

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