Global Financial crisis

Reform, growth and resilience of savings-led commercial microfinance institutions: the case of the microbanking units of Bank Rakyat, Indonesia

Hans Dieter Seibel, Agus Rachmadi and Djarot Kusumayakti
Savings and Development Vol. 34(2010), No. 3, pp. 277-303

For three decades microfinance has rapidly expanded around the globe. The recent global crisis was feared to have stopped, if not reversed, this process. CGAP reported in 2009 that the microcredit portfolios of many MFIs “are stagnant or [...]

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Stock return volatility, global financial crisis and the monthly seasonal effect on the Nigerian stock exchange

Rufus Ayodeji Olowe
African Review of Money Finance and Banking 2009, pp. 73-107

This paper investigated the monthly seasonal effect in the Nigerian stock market using the EGARCH-in-mean model in the light of banking reforms, insurance reform, stock market crash and the global financial crisis using daily returns over the period [...]

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