Banking and Financial Services

The Banking and Financial Services Program supports the development of sound, robust, well-regulated institutions that are effective financial intermediaries accessible to all and resistant to mismanagement, fraudulent financial activity, and adverse macroeconomic conditions.  Specific areas of assistance include:

  • Corporate Governance: devising structures for central banks and the commercial banking sector.
  •  Financial Inclusion: promoting access to credit for the bottom of the pyramid (the poorest segment of the population who have traditionally not had access to financial services).
  • Financial Stability: harmonizing macro-prudential approaches to monitor financial sector risks; creating oversight committees and issuing financial reports to highlight potential instabilities or weaknesses in financial sectors.
  • Emerging Payment Systems: establishment of regulatory frameworks for mobile financial services and innovative approaches to financial market access.
  • IT Systems Modernization: design and implementation of core banking, retail payment, and data systems.
  • Banking, Insurance, and Financial Market Supervision: implementation of the Basel Accords, risk-based supervision; stress tests and early warning systems.
  • Bank Restructuring: rehabilitation of problem banks; management and disposition of distressed assets; liquidation of failed financial institutions; privatization of state-owned banks.
  • Deposit Insurance Systems: drafting of laws; operational design; development and implementation of policies and regulations; calculation of fund size and premiums.
  • Monetary Policy: analysis of monetary policy, macroeconomic and financial policy; currency issuance and revaluation; establishment of monetary policy research departments.
  • Internal Audit and Accounting: adopting and implementing International Financial Reporting Standards; central bank audit functions.
Last Updated: 6/24/2014 10:42 AM