Regulatory Challenges Strategically Enhance Banking Efficiency and stability: The study of East African countries

Abstract

The purpose of this paper is to assess and promote safe and sound banking systems, including the policy, legal and regulatory framework which affects developing countries’ banking systems, especially in terms of the range of institutions and products available, their financial performance and their outreach, particularly to the rural and lower- income population. This review of the experience is intended to help guide other countries that are in the process of adopting legislation and regulations. The study also examines how the operation of banking systems and their clients may be affected by the impact of business and commercial laws and institutions, such as the impact on contract enforcement and the operation of banking systems.Sub-Saharan Africa, Banking Reform, Market for Credit