On 22 November 2018, the European Investment Bank (EIB) published the fourth edition of its banking in Africa report. This latest report, Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability, includes the results of the EIB’s survey of banking groups operating in Africa. It also contains three thematic chapters which address the challenges and opportunities for financing investment in Africa:
- Crowdfunding out of private sector lending by public debt issuance;
- Policy options on how to finance infrastructure development; and
- The state of bank recovery and resolution laws in Africa.
The chapter looking at the state of bank recovery and resolution laws in Africa is based on the findings of our interactive online guide which was launched this summer reviewing applicable bank recovery and resolution requirements in over 20 jurisdictions in Africa. The online guide allows clients to build their own comparative reports regarding the key elements of recovery and resolution as described by the Financial Stability Board’s Key Attributes for Effective Resolution Regimes for Financial Institutions.
The online guide is hosted on Norton Rose Fulbright’s client knowledge portal, “The Institute”. By registering for The Institute, you will also have access to our other cross-border guides (including the recently released Brexit Pathfinder hub) and other premium content.