This book presents a holistic exploration of the banking systems in Africa. Considering the central role that banks play in most developing countries and the vastly different trends and challenges they face, the book provides a crucial understanding of the specific environments in which banks operate. It addresses specific banking issues relevant to developing countries in general and Africa in particular, and explores the various dynamics of money and banking that separate Africa from the rest of the world. The authors build upon extensive Africa-based research and university teaching, and illustrate each topic with examples and cases from the continent. Written in an accessible style while retaining its practicality and relevance, it is an essential read for professionals, students, and other readers interested in policies affecting the banking sectors development in Africa.

Joshua Yindenaba Abor is a Professor of Finance and Dean at the University of Ghana Business Schoo and a Visiting Professor of Finance at the UCT Graduate School of Business, University of Cape Town, South Africa, where he obtained his PhD, after completing parts of the coursework at Harvard University. He was a Visiting Scholar at the International Monetary Fund (IMF) in Washington DC. He serves on the editorial boards of a number of international business, finance and economics journals and has contributed to the financial economics and finance literature, mainly in the areas of banking and finance, development finance, financial market development, corporate finance and governance, international finance, and health finance. Abor has been involved in projects sponsored by Africa Economic Research Consortium, International Growth Centre, African Centre for Economic Transformation, and is currently part of a collaborative research project on Delivering inclusive financial development and growth funded by the Department for International Development (DFID), and the Economic and Social Research Council (ESRC). His papers have appeared in reputable international journals, includingCorporate Governance: An International Review,Review of Development Finance,Thunderbird International Business Review,Studies in Economics and Finance,Journal of Economic Studies,International Journal of Entrepreneurship and Innovation,African Development Review,International Journal of Social Economics,Research in International Business and Finance, Emerging Market Finance and Trade, andJournal of International Financial Markets, Institutions and Money. Abor's most recent book is onEntrepreneurial Finance for MSMEs: A Managerial Approach for Developing Markets, published by Palgrave Macmillan (Springer Nature), UK.

Agyapomaa Gyeke-Dako has a PhD in Economics and an MSc. Economicsand Financial Economics from the University of Nottingham (UK) as well as a B.A. in Economics with Geography from the University of Ghana, where she is currently a lecturer of various courses in Economics. Prior to joining the University of Ghana Business School, she had worked with Durham Business School (UK) as a Teaching Fellow for three years. She has published in the University of Peking Press, Springer Plus Open Journal,Thunderbird International Review and has submitted a number of papers for publication. Gyeke-Dako has also worked on a project funded by the International Growth Centre and is currently a co-researcher on a collaborative research with the World Trade Institute, University of Geneva and WITS University South Africa (Funding from Swizz Science Foundation and Swizz Agency for Development and Co-operation). She has been affiliated with the Leverhulme Centre for Research on Globalisation and Economic Policy (GEP) and the Chinese Economic Association (CEA) and as an ad hoc reviewer inThunderbird International Business Review. Her research interests are in the area of financial economics, economic growth and development, financial development, institutions and international capital flows (FDI, portfolio flows and debt flows).

Vera Ogeh Fiadoris a Senior Lecturer in Finance at the University of Ghana Business School and a research member of the African Economic Research Consortium, Nairobi, Kenya. She holds a PhD in Finance from the University of Cape Town, South Africa. Her research focuses on corporate finance and investment issues, governance, development finance issues as well as growth and financial market effects of fiscal and monetary policies. Fiador has published scholarly works in journals such asApplied Economics, Review of Development Finance, Corporate Governance,International Journal of Business in Society, and Studies in Economics and Finance. She periodically consults industries and was a visiting scholar at the IMF in Washington D.C.

Elikplimi Komla Agbloyor is a Lecturer in Finance at the University of Ghana Business School.  In 2012, he received his PhD in Finance from the University of Ghana. He is currently an affiliate of the Association of Chartered Certified Accountants (ACCA). His research interests include banking, corporate governance, cross border mergers and acquisitions, economic growth and development, financial development, institutions, international capital flows (FDI, portfolio flows and debt flows), and remittances. Agbloyor has taught courses at undergraduate and graduate levels in corporate finance, entrepreneurial finance, financial management, financial markets and institutions, and investments. His publications have appeared in reputable international journals such asResearch in International Business and Finance,Journal of International Financial Markets, Institutions and Money; Thunderbird International Business Review, andReview of Development Finance. He serves as an adhoc reviewer for theSouth African Journal of Economics,Review of Development Finance, andJournal of African Business. Agbloyor has presented numerous papers at various international conferences and has received several awards for his research. He is also an Associate Editor of the African Growth Agenda. 

Mohammed Amidu is the Head of Department and a Senior Lecturer at the Department of Accounting, University of Ghana Business School, and a researcher with African Economic Research Consortium (AERC). He earned his PhD in Banking from Southampton Business School, University of Southampton, United Kingdom and both his MPhil and BSc. in Administration from University of Ghana Business School. He is also a Senior Research Fellow of VolkswagenStiftung Foundation, Germany and research fellow of the Centre for Responsible Banking and Finance, St. Andrews University, Scotland, and has held Visiting Scholar positions at the International Monetary Fund (IMF), Washington D.C. Currently, Amidu is part of a collaborative research project on Delivering inclusive financial development and growth funded by Department for International Development (DFID), and Economic and Social Research Council (ESRC). In 2013 and 2015, he won Best Researcher awards by the University of Ghana Business School. Amidu's research interests are in accounting information quality, financial inclusion and literacy, corporate governance, corporate tax policy, development finance, banking market structure, regulation and stability. He has published more than 30 refereed journal articles and 6 book chapters and monographs, and has presented more than 30 papers at a wide range of international conferences. His publications have appeared Accounting Research Journal,European Journal of Finance,Review of Quantitative Finance and Accounting,International Review of Financial Analysis,Review of Financial Economics, Journal of Risk Finance,Investment Management and Financial Innovations,Journal of Africa Business,Research in International Business and Finance, andBaltic Journal of Management. 

Lord Mensah is a Senior Lecturer at the Department of Finance, University of Ghana Business School and a Visiting Lecturer in Corporate/Managerial Finance at GIMPA School of Business. He holds a PhD in Applied Economics and Finance from the University of Antwerp, Belgium, and an MSc in Financial Mathematics from the University of Kaiserslautern, Germany. Mensah has published in internationally reputable journals such asExploration in Economic Studies,Journal of Economics and Finance, and theJournal of Economics Studies. He lectures at the Institute of Distance Learning, KNUST, as a facilitator. Mensah has attended and presented at many international conferences, including First World Finance conference (Portugal), Swiss Society for Financial Market Research conference (Switzerland) and Eastern and Mid-West Finance conferences (both USA). 

Preface.- Acknowledgements.- Part I: The Monetary System and the Business of Banking.- Overview of the Monetary System.- Introduction to the Business of Banking.- Introduction to the Business of Banking.- Introduction to the Business of Banking.- Part II: Asset-Liability Management.-  Asset-Liability Management: Interest Rate Risks.- Asset-Liability Management: Using Hedging Techniques.- Off-Balance Sheet Activities.- Part III: Managing Banks Loan Portfolio and Capital.- Loan Portfolio and Credit Management.- Corporate Lending.- Consumer and Retail Lending.- Mortgage Banking.- Management of Bank Capital.- Part IV: Bank Performance, Strategy and Sustainable Banking.- Measuring and Evaluating the Performance of Banks.- Strategy in the Banking Industry.- Sustainable Banking.- Part V: Central Banking, Monetary Policy and Regulation.- Central Banking and Monetary Policy.- Bank Regulation.-