Making Finance Work for Nigeria

Autor: World Bank
Jazyk: angličtina
Rok vydání: 2009
Předmět:
FINANCIAL SECTOR DEVELOPMENT
MARKET DEVELOPMENTS
PENSION FUNDS
SETTLEMENT SYSTEMS
DEPOSIT
INFLATION
EMERGING MARKET
INTERNATIONAL FINANCIAL CRISIS
LONG TERM SAVINGS
INFORMATION TECHNOLOGY
DEPOSIT INSURANCE
MORTGAGE MARKET
FINANCIAL INFRASTRUCTURE
CAPITAL REQUIREMENTS
ENFORCEMENT PROCEDURES
RETURNS
DEBT SERVICE
COLLATERAL
PENSION
FRAUD
NON-PERFORMING LOANS
MORAL HAZARD
SOVEREIGN DEBT MARKET
CREDIT LINES
FINANCIAL SYSTEMS
BROKER
EXCHANGE COMMISSION
MARKET CAPITALIZATION
TRANSPARENCY
MORTGAGE
PENSIONS
SECURITIES REGISTRATION
HOLDING
INVESTMENT INSTRUMENTS
SOVEREIGN DEBT
ISSUANCES
REMITTANCE
CREDITORS
CORPORATE GOVERNANCE
PRIVATE CREDIT BUREAUS
CURRENCY DEPRECIATION
BALANCE SHEET
RURAL FINANCING
INFORMATION SYSTEM
LIQUIDITY
INTEREST RATES
MORTGAGES
PRIVATE CAPITAL
SAVINGS INSTRUMENTS
CREDIT RISK
AVAILABILITY OF CREDIT
WORKING CAPITAL
PRUDENTIAL STANDARDS
CAPITAL REQUIREMENT
COLLATERAL REGISTRIES
LENDING PORTFOLIOS
PORTFOLIO INVESTMENT
BANKING SECTOR DEVELOPMENT
FINANCIAL SERVICE PROVIDERS
BUY-BACKS
OPERATIONAL INDEPENDENCE
MACROECONOMIC STABILITY
PORTFOLIO
LEGAL SYSTEM
MARKET PARTICIPANTS
LOCAL GOVERNMENT
INSURANCE MARKET
CAPITAL MARKETS
REGULATORY FRAMEWORK
PENSION ASSETS
FINANCIAL SYSTEM
LIFE INSURANCE PRODUCTS
SECONDARY MARKET
REGULATORY GOVERNANCE
LIABILITY
EXCHANGE RATE
FINANCIAL INSTITUTIONS
CENTRAL SECURITIES DEPOSITORY
DEBT RELIEF
CURRENCY
PRIVATE CREDIT
INFLATION RATES
AGRICULTURAL COOPERATIVE
EQUITY MARKET
INTERNATIONAL INVESTORS
MOBILE PHONE
MOVABLE PROPERTY AS COLLATERAL
SECONDARY TRADING
INVESTMENT RISKS
BANK CREDIT
SECURITIES
IMMOVABLE PROPERTY
MARKET SHARE
INFORMATION DISCLOSURE
MICROFINANCE
REAL PROPERTY
INVESTMENT STRATEGIES
CENTRAL BANKS
REPAYMENT
DEVELOPMENT BANK
ISSUANCE
MARKET INFRASTRUCTURE
FINANCIAL PERFORMANCE
GOVERNMENT DEBT MARKET
PENSION SYSTEM
INSURANCE PREMIUMS
DEBTORS
HOUSING FINANCE
MARKET ECONOMY
REPAYMENT RECORD
INTERNATIONAL CAPITAL
TRANSACTION
REMITTANCE SERVICE
FOREIGN INVESTORS
BANKING SYSTEM
STOCK MARKET
PENSION FUND
GROSS DOMESTIC PRODUCT
UNSECURED CREDITORS
INSURANCE COMPANIES
GOVERNMENT DEBT
BRANCH NETWORK
TRUST FUND
TRANSACTION COSTS
INTERNATIONAL CAPITAL MARKETS
CREDITOR
BANK LENDING
INITIAL PUBLIC OFFERING
INSTRUMENT
INTERNATIONAL STANDARDS
ACCOUNTING STANDARD
INFRASTRUCTURE INVESTMENT
DOMESTIC CAPITAL
FINANCIAL CRISIS
INFLATION RATE
BALANCE SHEETS
SOVEREIGN BONDS
BACKED SECURITIES
MARKET LIQUIDITY
RESERVES
CONSUMER PROTECTION
MICRO-FINANCE
CORPORATE INSOLVENCY
GOVERNANCE STANDARDS
SETTLEMENT
RISK DIVERSIFICATION
RISK MANAGEMENT
BANKING CRISIS
PAYMENT SYSTEM
LIVING STANDARDS
PAYMENT SYSTEMS
BORROWER
PRIMARY DEALERS
MARKET STRUCTURE
RISK MANAGEMENT SYSTEM
DEVELOPMENT FINANCE
PAYMENT SERVICES
EXTERNAL DEBT
STOCK EXCHANGE
ACCEPTABLE COLLATERAL
DEBT
BANKING SECTOR
VALUE PAYMENT SYSTEMS
VALUE OF ASSETS
GOVERNMENT ACCOUNTING STANDARDS
SETTLEMENT SYSTEM
IPO
ECONOMIC DEVELOPMENT
FINANCIAL MANAGEMENT
CENTRAL BANK
RETURN
CREDIT HISTORIES
CAPITAL MARKET
BANK REGULATION
CORPORATE DEBT
GOVERNANCE ISSUES
INSURANCE INDUSTRY
FOREIGN EXCHANGE
ACCOUNTING
CONFLICT OF INTEREST
MARKET DEVELOPMENT
REMITTANCES
CREDIT INFORMATION
REPAYMENTS
BANKING REGULATIONS
GOVERNMENT FINANCES
OIL PRICES
HUMAN CAPITAL
INSURANCE
POOR REPUTATION
INSURANCE CORPORATION
EUROBOND
LIFE INSURANCE
TREASURY
COMMERCIAL BANKING
PENSION REFORMS
DEBT MANAGEMENT
INVESTMENT HORIZON
PORTFOLIO MANAGEMENT
CREDIT CULTURE
OIL PRICE
MARKET RISK
CREDITOR RIGHTS
INSURANCE PRODUCTS
LEGAL FRAMEWORK
DOMESTIC CAPITAL MARKETS
ASSET CLASS
CAPACITY BUILDING
BANK BORROWERS
CHECKS
INVESTMENT CHOICE
LIENS
LEVEL PLAYING FIELD
EXPENDITURE
Popis: This study begins by considering the banking sector and then moves on to issues relating to improving access to finance to support Nigeria's economic growth vision. The second part of the study refers to issues relating to longer-term finance: both the sources of financing, such as pensions and insurance, and their uses in providing financing for resolving Nigeria's crucial infrastructure shortfalls in infrastructure and housing. The final part of the study returns to the fundamental 'plumbing' of the financial system focusing on the legal and regulatory foundation for creditor rights and corporate insolvency, instituting sound corporate governance standards for corporations and banks, and providing secure and low cost transmittal of payments and remittances. While it is difficult to identify a common theme running through this volume without compromising the diversity and nuance of the recommendations, the overarching theme supported by this volume is the importance of exchange of reliable information as the basis for financial transactions between unconnected third parties. Implementation of systems designed to strengthen accounting and reporting standards for banks and corporations, the registration of movable and immovable property, property liens and credit histories as well as exchange of information about prices, interest rates, fees and charges for financials services will considerably enhance the functionality of financial systems and prove crucial in establishing a trusted and robust market-based financial system in support of stable economic growth and development in Nigeria.
Databáze: OpenAIRE