01859cas a2200265 a 4500 AALejournalIMF004652 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451865677 1018-5941 BD-DhAAL BD-DhAAL Vacher, Jerome. Banking Sector Integration and Competition in CEMAC / Jerome Vacher, Samer Saab. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper considers the extent of retail banking integration in the Communaute Economique et Monetaire d'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative indicators, the paper finds some evidence of price convergence in average interest rate spreads. However, this observed fact is not supported by an increase in cross-border flows in retail loans and deposits, and price convergence may merely reflect excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited, complementing the findings on integration. Addressing shortfalls in legal and regulatory frameworks, infrastructure, and markets would facilitate integration. Mode of access: Internet Cameroon imf Saab, Samer. IMF Working Papers; Working Paper ; No. 2007/003 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/003/001.2007.issue-003-en.xml IMF e-Library