Nigeria Publication of Financial Sector Assessment Program Documentation––Technical Note on Crisis Management and Crisis Preparedness Frameworks

The Nigerian financial system underwent a banking crisis in 2008–09, owing to the global financial crisis and domestic events. The decisive crisis response effectively stabilized the banking system, but the challenge now is to devise a credible exit strategy. The Central Bank of Nigeria (CBN) has a...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02219nmm a2200493 u 4500
001 EB000924191
003 EBX01000000000000000717787
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781484373040 
245 0 0 |a Nigeria  |b Publication of Financial Sector Assessment Program Documentation––Technical Note on Crisis Management and Crisis Preparedness Frameworks 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2013 
300 |a 50 pages 
651 4 |a Nigeria 
653 |a Economic & financial crises & disasters 
653 |a Depository Institutions 
653 |a Commercial banks 
653 |a Banks 
653 |a Finance 
653 |a Bank resolution framework 
653 |a Financial crises 
653 |a Banks and banking 
653 |a Industries: Financial Services 
653 |a Bank resolution 
653 |a Financial institutions 
653 |a Micro Finance Institutions 
653 |a Deposit insurance 
653 |a Crisis management 
653 |a Financial Institutions and Services: Government Policy and Regulation 
653 |a Mortgages 
653 |a Crisis Management 
653 |a Loans 
653 |a Banks and Banking 
653 |a Banking 
653 |a Financial Risk Management 
710 2 |a International Monetary Fund  |b African Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781484373040.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2013/143/002.2013.issue-143-en.xml?cid=40579-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a The Nigerian financial system underwent a banking crisis in 2008–09, owing to the global financial crisis and domestic events. The decisive crisis response effectively stabilized the banking system, but the challenge now is to devise a credible exit strategy. The Central Bank of Nigeria (CBN) has a broad resolution toolkit, which was put to use during the crisis to resolve the intervened banks. The Nigerian authorities set up the Asset Management Corporation of Nigeria (AMCON) to purchase nonperforming loans of banks