Financial Outlook of the OIC Member Countries 2016
4
Unfortunately, Bankscope does not cover whole universe of banks. Hence, even for 56 OIC
member countries for which Bankscope database have data of at least one bank, the coverage
of banks does not match true number of banks. In order to identify at what degree Bankscope
database is representative for OIC member countries, a survey has been designed to be
responded by COMCEC country representatives. 5 representatives responded and the answers
are given in Table 2. Table 2 summarizes bankscope data compared to actual data provided by
the COMCEC country representatives. Hence, for instance, in Panel A, Bankscope covers 17
Algerian banks out of 20 banks, which shows coverage ratio is 85 per cent. Similarly, in Panel
B, Bankscope provides aggregated total assets over 17 banks in 2014 as 114.3 billion USD
compared to actual value of 136.8, which shows coverage ratio of 84 per cent.
Table 2: Bankscope Data Coverage on Selected Figures based on Representatives’ Responses
Panel A. Number of banks
Bankscope Coverage Survey Response Coverage Ratio
Algeria 17 20 85
Senegal 13 23 57
Sudan 17 37 46
Turkey 44 52 85
Note: No survey response on number of banks in Egypt.
Panel B. Aggregated total assets of the banking sector (millions USD)
Bankscope Data Survey Response Coverage Ratio
2013 2014 2015 2013 2014 2015 2013 2014 2015
Algeria 108.292 114.329 3.553 132.030 136.820 116.500 82 84 3
Egypt 195.141 231.732 220.924 242.750 275.680 321.535 80 84 69
Senegal 6.517 6.821 2.324 9.222 9.236 9.693 71 74 24
Sudan 5.878 5.435 5.299 12.339 13.457 17.859 48 40 30
Turkey 736.813 778.800 724.107 814.380 859.874 813.412 90 91 89
Panel C. Aggregated total loans of the banking sector (millions USD)
Bankscope Data Survey Response Coverage Ratio
2013 2014 2015 2013 2014 2015 2013 2014 2015
Algeria 53.084 59.236 1.939 65.170 74.000 67.790 81 80 3
Egypt 64.078 71.908 67.589 79.310 88.125 102.392 81 82 66
Senegal 3.995 4.062 1.132 5.806 5.527 5.488 69 73 21
Sudan 2.001 2.248 2.618 6.623 7.563 8.758 30 30 30
Turkey 456.491 496.612 470.548 492.398 535.523 512.335 93 93 92