Money and Banking in Africa, 1st ed. 2019 Advances in African Economic, Social and Political Development Series

This book presents a holistic exploration of the banking systems in Africa. Considering the central role that banks play in most developing countries and the vastly different trends and challenges they face, the book provides a crucial understanding of the specific environments in which banks operate. It addresses specific banking issues relevant to developing countries in general and Africa in particular, and explores the various dynamics of money and banking that separate Africa from the rest of the world. The authors build upon extensive Africa-based research and university teaching, and illustrate each topic with examples and cases from the continent. Written in an accessible style while retaining its practicality and relevance, it is an essential read for professionals, students, and other readers interested in policies affecting the banking sector?s development in Africa.

Preface.- Acknowledgements.- Part I: The Monetary System and the Business of Banking.- Overview of the Monetary System.- Introduction to the Business of Banking.- Introduction to the Business of Banking.- Introduction to the Business of Banking.- Part II: Asset-Liability Management.-  Asset-Liability Management: Interest Rate Risks.- Asset-Liability Management: Using Hedging Techniques.- Off-Balance Sheet Activities.- Part III: Managing Banks’ Loan Portfolio and Capital.- Loan Portfolio and Credit Management.- Corporate Lending.- Consumer and Retail Lending.- Mortgage Banking.- Management of Bank Capital.- Part IV: Bank Performance, Strategy and Sustainable Banking.- Measuring and Evaluating the Performance of Banks.- Strategy in the Banking Industry.- Sustainable Banking.- Part V: Central Banking, Monetary Policy and Regulation.- Central Banking and Monetary Policy.- Bank Regulation.-   

Joshua Yindenaba Abor is a Professor of Finance and Dean at the University of Ghana Business Schoo and a Visiting Professor of Finance at the UCT Graduate School of Business, University of Cape Town, South Africa, where he obtained his PhD, after completing parts of the coursework at Harvard University. He was a Visiting Scholar at the International Monetary Fund (IMF) in Washington DC. He serves on the editorial boards of a number of international business, finance and economics journals and has contributed to the financial economics and finance literature, mainly in the areas of banking and finance, development finance, financial market development, corporate finance and governance, international finance, and health finance. Abor has been involved in projects sponsored by Africa Economic Research Consortium, International Growth Centre, African Centre for Economic Transformation, and is currently part of a collaborative research project on “Delivering inclusive financial development and growth” funded by the Department for International Development (DFID), and the Economic and Social Research Council (ESRC). His papers have appeared in reputable international journals, including Corporate Governance: An International Review, Review of Development Finance, Thunderbird International Business Review, Studies in Economics and Finance, Journal of Economic Studies, International Journal of Entrepreneurship and Innovation, African Development Review, International Journal of Social Economics, Research in International Business and Finance, Emerging Market Finance and Trade, and Journal of International Financial Markets, Institutions and Money. Abor's most recent book is on Entrepreneurial Finance for MSMEs: A Managerial Approach for Developing Markets, published by Palgrave Macmillan (Springer Nature), UK.

Agyapomaa Gyeke-Dako has a PhD in Economics and an MSc. Economic

Focuses on specific aspects and challenges of the banking sector in Africa Illustrates key issues using local cases and examples Suitable for professional qualifications such Institute of Chartered Accountants (ICA), Association of Certified Chartered Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), Chartered Institute of Bankers (CIB)