The general objective of the Technical Cooperation (TC) is to strengthen the institutional capacity of Banco de la Nación (BN) in Peru to accelerate its digital transformation. The specific objectives include: (i) strengthening the BN's institutional capacities through knowledge sharing and the identification of good practices from other Public Development Banks (PDBs) in digital transformation processes; (ii) technically supporting the execution of Operation 5965/OC-PE, which includes the development and implementation of a methodology to monitor and evaluate the digital transformation process; (iii) developing a decarbonization plan, optimizing the reduction of Greenhouse Gas (GHG) emissions associated with the BN's digital transformation, in line with global sustainability goals; (iv) promoting sustainable economic growth by strengthening the digital capacities of the public financial sector, enabling a more efficient and secure provision of financial services for citizens and businesses; (v) reducing inequality and promoting financial inclusion by improving access to formal banking services for vulnerable populations through the digitalization and modernization of BN operations; and (vi) disseminate the main findings and lessons learned during the execution of the CT and the loan operation, strengthening continuous learning and process improvement in future interventions.
Project Detail
Country
Peru
Project Number
PE-T1597
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
FINANCIAL MARKETS
Subsector
BANKING MARKET DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 400,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 200,000.00