Cross-border banking has been a critical part of Africa's financial history since colonial times. While the period after independence saw a wave of nationalization across the continent, with many of the colonial banks exiting, this trend was reversed in the 1980s with the arrival of financial liberalization. Failing state-owned and private banks were sold mostly to global investors or multinational banks. Increasing international and regional economic...
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INFORMACIÓN
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2014/01/01
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Documento de trabajo
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89202
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1
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1
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2014/07/04
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Disclosed
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Making cross-border banking work for Africa
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foreign bank
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