Unravelling the mystery behind bank insolvencies in the East African Community (EAC) – the case for Uganda, Kenya and Tanzania
Book chapter
Nsubuga, H. 2022. Unravelling the mystery behind bank insolvencies in the East African Community (EAC) – the case for Uganda, Kenya and Tanzania. in: Akintola, K. and Adeyemo, F. (ed.) Bank Insolvency Law in Developing Economies London, UK Taylor & Francis (Routledge).
Chapter title | Unravelling the mystery behind bank insolvencies in the East African Community (EAC) – the case for Uganda, Kenya and Tanzania |
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Authors | Nsubuga, H. |
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. |
Sustainable Development Goals | 8 Decent work and economic growth |
Book title | Bank Insolvency Law in Developing Economies |
Editors | Akintola, K. and Adeyemo, F. |
Publisher | Taylor & Francis (Routledge) |
Place of publication | London, UK |
ISBN | |
Hardcover | 9780367711863 |
Paperback | 9781032003979 |
Electronic | 9781003173984 |
Publication dates | |
30 Dec 2022 | |
Publication process dates | |
Deposited | 15 Jun 2022 |
Accepted | 15 May 2022 |
Output status | Published |
Accepted author manuscript | License File Access Level Open |
Copyright Statement | This is an Accepted Manuscript of a book chapter published by Routledge in Banking Insolvency Law in Developing Economies on 30 December 2022, available online: https://doi.org/10.4324/9781003173984. It is deposited under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. |
Digital Object Identifier (DOI) | https://doi.org/10.4324/9781003173984-4 |
Related Output | |
Is part of | https://doi.org/10.4324/9781003173984 |
Language | English |
https://repository.mdx.ac.uk/item/89wz5
Download files
Accepted author manuscript
Banking Insolvency in the EAC - Hamiisi.pdf | ||
License: CC BY-NC-ND 4.0 | ||
File access level: Open |
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