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OverviewThe 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. Full Product DetailsAuthor: Kayode Akintola , Folashade AdeyemoPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.544kg ISBN: 9780367711863ISBN 10: 0367711869 Pages: 196 Publication Date: 30 December 2022 Audience: Professional and scholarly , Professional and scholarly , Professional & Vocational , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. 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 AkintolaReviewsAuthor InformationKayode Akintola is Assistant Professor in corporate insolvency law, School of Law, University of Sheffield, UK and Barrister, Gray’s Inn, Supreme Court of Nigeria. Folashade Adeyemo is Assistant Professor in banking law at the School of Law, University of Reading, UK, and Barrister and Solicitor, Supreme Court of Nigeria. Tab Content 6Author Website:Countries AvailableAll regions |