01676cas a2200241 a 4500 AALejournalIMF013594 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484373040 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Nigeria : Publication of Financial Sector Assessment Program Documentation -- Technical Note on Crisis Management and Crisis Preparedness Frameworks. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (50 pages) IMF Staff Country Reports <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 The Nigerian financial system underwent a banking crisis in 2008-09, owing to the global financial crisis and domestic events. The decisive crisis response effectively stabilized the banking system, but the challenge now is to devise a credible exit strategy. The Central Bank of Nigeria (CBN) has a broad resolution toolkit, which was put to use during the crisis to resolve the intervened banks. The Nigerian authorities set up the Asset Management Corporation of Nigeria (AMCON) to purchase nonperforming loans of banks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/143 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/143/002.2013.issue-143-en.xml IMF e-Library