Sub-Saharan Africa’s interbank markets: progress, barriers and policy implications

When: April 1, 2021
Where: Online event hosted by Making Finance Work for Africa, African Development Bank, global
Add to Calendar 04/01/2021 01:00 pm 04/01/2021 02:00 pm Sub-Saharan Africa’s interbank markets: progress, barriers and policy implications

In the last decade, there has been a broad deepening of the banking sector, with a notable expansion of financial access and strengthening of regulation across sub-Saharan Africa. Despite this progress, the banking sector in the region continues to suf …

In the last decade, there has been a broad deepening of the banking sector, with a notable expansion of financial access and strengthening of regulation across sub-Saharan Africa. Despite this progress, the banking sector in the region continues to suffer from a lack of competition, high borrowing costs, low levels of credit and a concentration of bank lending in the extractive sector. Interbank markets have a role to play in enabling economic growth, but this will only happen if efforts are made to develop and deepen them across sub-Saharan Africa.

In the first of a two-part webinar series, the authors Sherillyn Raga and Judith Tyson present a landscape of interbank markets, providing analysis of recent evidence on the factors that hinder their development and drawing attention to the policy implications for financial regulators.

Watch the webinar on the MFW4A website 

This event was hosted by Making Finance Work for Africa (MFW4A) with ODI to launch the new Development and Economic Growth Research Programme (DEGRP) synthesis report Sub-Saharan Africa’s interbank markets: progress, barriers and policy implications. DEGRP funds world-class scientific research on inclusive economic growth in low-income countries (LICs) and is supported by the UK Foreign, Commonwealth & Development Office and UK Economic and Social Research Council.

 

Speakers

  • Sherillyn Raga – Senior Research Officer in ODI’s International Economic Development Group
  • Judith Tyson – Research Fellow in ODI’s International Economic Development Group, Evidence and Policy Group (EPG) Finance lead
  • Victor Murinde (Moderator) – AXA Chair in Global Finance & Director, Centre for Global Finance, SOAS University of London
  • Ingrid Hagen – Vice-President Strategic Projects, Frontclear Management
  • Dr. Samuel Tiriongo – Director, KBA Centre for Research on Financial Markets and Policy, Kenya Bankers’ Association