In Senegal, as elsewhere in the WAEMU zone, access to credit for vulnerable microentrepreneurs is a major concern despite the important role of traditional microfinance institutions. To effectively solve this problem, Islamic microfinance has been identified as an alternative offer, alongside...

As most Exchange-Traded Funds (ETFs) engage in securities lending or are based on total return swaps, they expose their investors to counterparty risk. In this paper, we estimate empirically such risk exposures for a sample of physical and swap-based funds. We find that counterparty risk...

Dans la région Moyen-Orient et Afrique du Nord (MENA), le secteur bancaire joue un rôle crucial dans le développement économique malgré les défis de la volatilité des marchés et des pressions réglementaires. L'efficience bancaire est essentielle pour maintenir la compétitivité et la...

The objective of this study is to investigate the effects of ICT on financial development as measured by domestic credit to the private sector in Sub-Saharan Africa. The study uses a panel of 30 countries and covers the period 1995 - 2019. The data come from a variety of sources and the method...

Performance is not just a number: it can take all informational forms if it responds to these two functions – the conduct of action and the evaluation of results. Technical and technological performance highlights the progress that is developing. constantly and marks a company's ability to...