Unravelling the mystery behind bank insolvencies in the East African Community (EAC) – the case for Uganda, Kenya and Tanzania

Nsubuga, Hamiisi Junior ORCID logoORCID: https://orcid.org/0000-0001-6902-3575 (2022) Unravelling the mystery behind bank insolvencies in the East African Community (EAC) – the case for Uganda, Kenya and Tanzania. In: Bank Insolvencies in developing Economies. Akintola, Kayode and Adeyemo, Folashade, eds. Routledge, London. . [Book Section] (Accepted/In press)

[img] Microsoft Word - Final accepted version (with author's formatting)
Restricted to Repository staff and depositor only

Download (68kB)

Abstract

This chapter analyses the collapse of banks and financial institutions in Uganda, Kenya and Tanzania, three of the key Member States of the EAC. The causes and impact of bank insolvencies in these Member States’ banking sectors are examined. The chapter begins with an historical overview of banking and its evolution in these Member States prior to the 2007 – 2008 global financial crisis, and the response to this crisis, examining the safeguards that were implemented by these Member States to combat subsequent financial crises. This is followed by an analysis of the factors that have inhibited the functionality of these safeguards, leading to a high number of bank insolvencies in these Member States. The chapter concludes by calling for a regional cross-border banking and resolution framework across the EAC as a measure that would combat bank insolvencies in the region.

Item Type: Book Section
Sustainable Development Goals:
Research Areas: A. > School of Law
Item ID: 35256
Useful Links:
Depositing User: Hamiisi Junior Nsubuga
Date Deposited: 15 Jun 2022 14:26
Last Modified: 15 Jun 2022 14:26
URI: https://eprints.mdx.ac.uk/id/eprint/35256

Actions (login required)

View Item View Item

Statistics

Activity Overview
6 month trend
0Downloads
6 month trend
18Hits

Additional statistics are available via IRStats2.