This paper documents and explains the near-permanent banking stress African countries have experienced during the last 20 years. The central hypothesis is that banking stress comes predominantly from unbooked losses and that the level of unbooked losses a banking system can accumulate depends on...

In this study, I examine the impact of diversity (ethnic & religious fractionalization and polarization) on banking stability in Sub-Saharan Africa (SSA). Using data from 1996 to 2014, I employ the system Generalized Method of Moments (sys-GMM) approach to examine this relationship. I find that...

This paper aims to study how political instability affects bank stability in Nigeria. The reason for this study stems from the paradoxical observation that, although a lot of factors have been affecting the bank stability in Nigeria. But political instability is seen as one of the major factors...