Abstract
AbstractThis study examines financial inclusion in Sub-Saharan Africa, with focus on the role of monetary policy and banks’ pricing behaviour. Using a sample of 330 banks operating in 29 Sub-Saharan African countries, we test the following hypotheses. First, loan price increases when monetary policy is contracted and bank prices reduce when general price level is stable (effective monetary policy). Building on these results and using various specifications of monetary policy and bank pricing strategy, the second test suggests that, high bank pricing in the light of contractionary monetary policy tend to increase financial inclusion, and that high bank pricing reduces financial inclusion when monetary policy is effective. These findings are relevant for policy making regarding improving financial inclusion in SSA.KeywordsBank pricingMonetary policyFinancial inclusionAfrica
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
