?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F2011%2F&rft.title=Banking+Sector+Integration+and+Competition+in+CEMAC&rft.creator=Saab%2C+Samer&rft.creator=Vacher%2C+Jerome&rft.subject=G21+-+Banks+%3B+Depository+Institutions+%3B+Micro+Finance+Institutions+%3B+Mortgages&rft.subject=E58+-+Central+Banks+and+Their+Policies&rft.description=This+paper+considers+the+extent+of+retail+banking+integration+in+the+Communaut%C3%A9+Economique+et+Mon%C3%A9taire+d'Afrique+Centrale+(CEMAC)+and+the+level+of+bank+competition+at+the+regional+level.+Using+a+mix+of+quantitative+and+qualitative+indicators%2C+the+paper+finds+some+evidence+of+price+convergence+in+average+interest+rate+spreads.+However%2C+this+observed+fact+is+not+supported+by+an+increase+in+cross-border+flows+in+retail+loans+and+deposits%2C+and+price+convergence+may+merely+reflect+excess+liquidity+in+the+region.+Other+data+also+indicate+that+bank+competition+within+the+CEMAC+as+a+region+is+limited%2C+complementing+the+findings+on+integration.+Addressing+shortfalls+in+legal+and+regulatory+frameworks%2C+infrastructure%2C+and+markets+would+facilitate+integration.&rft.date=2007-01-01&rft.type=MPRA+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F2011%2F1%2FMPRA_paper_2011.pdf&rft.identifier=++Saab%2C+Samer+and+Vacher%2C+Jerome++(2007)%3A+Banking+Sector+Integration+and+Competition+in+CEMAC.++++&rft.language=en