Bank insolvency law in developing economies

Author(s)

• Akintola, Kayode
• Adeyemo, Folashade

Bibliographic Information

Bank insolvency law in developing economies

edited by Kayode Akintola and Folashade Adeyemo

（Routledge research in finance and banking law）

Routledge, 2023

• : pbk

Note

Includes bibliographical references and index

Contents of Works

• Prologue : the management of distressed banks in developing economies : an overview / Kayode Akintola and Folashade Adeyemo
• Distressed banks and asset management companies : evaluating AMCON as a bank resolution tool for managing non-performing loans in Nigeria / Anthony Idigbe
• Unravelling the mystery behind bank insolvencies in the East African community (EAC) - the case for Uganda, Kenya, and Tanzania / Hamiisi Junior Nsubuga
• Towards early intervention in the resolution of banks' financial distress in Ghana / Kenneth N.O. Ghartey
• Deposit protection schemes in effective bank resolution regimes : Kenya's experience / Joy Malala
• Institutional development of the Dubai International Financial Centre and the Qatar Financial Centre : the insolvency law framework / Horace Yeung and Saleh Al-Brashdi
• Cyprus after the 2013 banking crisis : the journey towards recovery / Sofia Ellina
• Bank insolvencies and the UNCITRAL model law / Clara de Souza Alves and Pedro Ferreirinha
• Postscript : (Re-)Balancing the priorities of bank insolvency law in developing economies / Kayode Akintola

Description and Table of Contents

Description

The subject of bank stability has been under a great amount of political and legislative scrutiny since the mid-2007 to late-2009 global financial crisis. However, these efforts have centred on developed economies. Little coverage is given to strategies adopted by many developing economies. While there is a global discourse on the subject of insolvency generally, there is ample scope to contribute to the growing body of work on the narrow subject of bank insolvencies. This book provides a unique perspective on an emerging theme in at least two respects. First is the focus on selected developing economies and selected developed economies in the EMEA region alongside cross-border developments, with the objective of deciphering the regulatory approach to bank insolvencies. The second is the analytical consideration of methods that may be implemented to preclude or resolve bank insolvencies in developing economies. This book explores the nexus between developing economies and their banking institutions. Developing economies are acutely dependent on their banks for the functioning of their cash-based economies. Recent events, however, suggest a weakness in the long-term viability of some of their banks and a mixed-bag regulatory approach to redress this weakness. This book evaluates the effectiveness of regulatory frameworks in selected developing economies that are designed to prevent or resolve the insolvency of banks. At a time of global economic uncertainty, this book will prove to be a valuable resource to the discourse on the viability of banks, businesses, and economies in developing States.

Table of Contents

Foreword Andrew Campbell Acknowledgement Dedication Part I Bank Insolvencies in Developing Economies 1. Prologue - The Management of Distressed Banks in Developing Economies Kayode Akintola & Folashade Adeyemo 2. Distressed Banks and Asset Management Companies: Evaluating 'AMCON' as a Bank Resolution Tool for Managing Non-Performing Loans in Nigeria Anthony Idigbe 3. Unravelling the Mystery behind Bank Insolvencies in the East African Community (EAC) - The case for Uganda, Kenya and Tanzania Hamiisi Nsubuga 4. Towards Early Intervention in the Resolution of Banks' Financial Distress in in Ghana Kenneth Ghartey 5. Deposit Protection Schemes in Effective Bank Resolution Regimes: Kenya's Experience Joy Malala Part II Bank Insolvency Law: Selected Cross-Border Paradigms 6. Institutional Development of the Dubai International Financial Centre and the Qatar Financial Centre: The Insolvency Law Framework Horace Yeung & Saleh Al-Brashidi 7. Cyprus after the 2013 Banking Crisis: The Journey towards Recovery Sofia Ellina 8. Bank Insolvencies and the UNCITRAL Model Law Clara Souza & Pedro Ferreirinha Postscript (Re-)Balancing the Priorities of Bank Insolvency Law in Developing Economies Kayode Akintola

by "Nielsen BookData"

Details

• NCID: BC17474981
• ISBN:
  • 9781032003979
• Country Code: uk
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: London
• Pages/Volumes: xi, 196 p.
• Size: 24 cm
• Classification:
  • LCC : K1375
  • DC23 : 346.07/8
  • DC23 : 346.1240821
• Subject Headings:
  • LCSH : Bank failures -- Law and legislation -- Developing countries
  • LCSH : Bankruptcy -- Developing countries
  • LCSH : Developing countries -- Economic integration
• Parent Bibliography ID:
  • BB01691101