01963cas a2200265 a 4500 AALejournalIMF019378 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498317795 1018-5941 BD-DhAAL BD-DhAAL Gueye, Cheikh. Coping with Falling Oil Prices : The Different Fortunes of African Banks / Cheikh Gueye, Asithandile Mbelu, Amadou Sy. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (28 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 studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset quality and liquidity; (ii) foreign-owned banks are the most resilient as they are able to improve asset quality and attract deposits but at the same time, they decelerate credit growth; in contrast, (iii) Pan-African Banks help stabilize overall credit but large banks in that segment experience reduced asset quality. These differentiated results suggest a tradeoff between maintaining credit growth and safeguarding financial stability in an oil slump which could be addressed by both micro- and macroprudential policies. Mode of access: Internet Mbelu, Asithandile. Sy, Amadou. IMF Working Papers; Working Paper ; No. 2019/129 Full text available on IMF http://elibrary.imf.org/view/journals/001/2019/129/001.2019.issue-129-en.xml IMF e-Library