This chapter was prepared by Michael Andrews.
Hassanali Mehran and others, Financial Sector Development in Sub-Saharan African Countries, IMF Occasional Paper No. 171 (Washington: International Monetary Fund, 1998).
Of these, three are no longer operating.
The ICB had only about 2 percent of deposits and ranked fifteenth in size by total assets at the time of its closure.
Membership in cooperatives is open to people sharing a common “bond of association.” The largest savings cooperatives are the employees of the Post Office and the Civil Aviation Authority.