4.5 Article

Pan-African banks, banking interconnectivity: A new systemic risk measure in the WAEMU

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How has the rise of Pan-African banks impacted bank stability in WAEMU?

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Summary: The study found that the entry of Pan-African banks into the WAEMU banking system has led to an increase in competition, which in turn can either increase banking stability or fragility depending on the origin of the banks. Bank profit is identified as the main mechanism through which competition is associated with an increase in banking fragility in WAEMU.

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