A sound banking crisis management framework is paramount to the financial stability of FinSAC’s client countries, especially during systemic crisis scenarios. This paper discusses the key features of FinSAC’s...
Although the Maldives’ economy rebounded strongly from the pandemic, macro-financial vulnerabilities persist. After double-digit growth in 2022, real gross domestic product (GDP) growth is projected to...
High level of Non-Performing Loans (NPLs) have been a long lasting concern with several influxes resulting from the GFC, COVID pandemic, and Russia’s invasion of Ukraine. NPLs are concentrated in the banking...
Botswana is in the fortunate position of having a significant source of long-term, local currency financing to support economic growth and development – but needs a holistic market development plan to...
Haiti remains locked in a cycle of low growth and limited poverty reduction caused by frequent economic contractions explained by political instability, institutional fragility, and an extreme vulnerability...
Haiti remains locked in a cycle of low growth and limited poverty reduction caused by frequent economic contractions explained by political instability, institutional fragility, and an extreme vulnerability...
The report presents: lessons learned from the GFC; key components of financial stability regulators; guiding principles; and conclusion.
There has been significant development of Mali’s banking sector in recent years, but it remains shallow, and access to banking services is limited. With the opening of a new bank in 2014, there are now...
This news release, dated December 15, 2005, announces the World Bank Board of Directors approved a loan of United States (U.S.) 200 million dollars to support the financial sector reform policies undertaken...
The World Bank, formally known as the International Bank for Reconstruction and Development, is an international organization, owned and controlled by governments that constitute its membership/shareholders...