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CO-L1144 : Financial System Reform Support Program

Project Status: Closed

The objective of the program of policy reforms is to increase the financial system¿s contribution to Colombia¿s growth by: (i) increasing financing for productive development; (ii) improving regulation and supervision of the financial system to support the development of the capital markets and financial transparency; and (iii) improving financial inclusion for the unbanked population and for micro, small, and medium-sized enterprises (MSMEs). This is the first of two consecutive operations that are technically interconnected but financed independently under the programmatic policy-based loan (PBL) modality.

Project Detail

Project Number
CO-L1144
Project Country
Colombia
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Loan Operation
Project Lending Type
SG
Project Modality
PBP (Programmatic Policy Base Loan)
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
3554/OC-CO

Financial Information

Project Number
CO-L1144
Project Status
Closed

IDB Financing

Financing type
FFF
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Oct/23/2015

Project Information

Total Cost
USD 500,000,000
Country counterpart financing
USD 0
Amount
USD 500,000,000

Preparation

Title
Type
Project Number
Date Published
Project Profile
CO-L1144
March 23, 2015

Approved

Title
Type
Project Number
Date Published
Loan Contract
3554/OC-CO;CO-L1144
October 23, 2015
Loan Contract
3554/OC-CO;CO-L1144
October 06, 2015
Loan Contract
3554/OC-CO;CO-L1144
October 06, 2015
Loan Proposal
CO-L1144
September 22, 2015
Loan Proposal
CO-L1144
September 22, 2015
Loan Proposal
CO-L1144
March 30, 2015
Loan Proposal
CO-L1144
March 27, 2015
Loan Proposal
CO-L1144
March 27, 2015
Loan Proposal
CO-L1144
March 27, 2015