Regulation and Supervision of the Andean Financial Cooperatives

This project will aim to improve and expand the financial services accessed by low income population through financial cooperatives in Peru, Colombia, Ecuador and Bolivia. To achieve that goal this project will contribute to improved regulation and supervision of financial cooperatives, in four critical areas: corporate governance, prudential supervision, supervision operations, and liquidy and deposit protection mechanisms.

Project Detail

Country

Regional

Project Number

RG-M1187

Approval Date

August 5, 2010

Project Status

Cancelled

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Category B13: Uncategorized Directive B.13

Total Cost

USD 1,022,250.00

Country Counterpart Financing

USD 307,250.00

Original Amount Approved

USD 715,000.00