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Inst. Strength. of Credit Union System
The objective of this project is to enhance the
availability of financial services for small and micro-enterprises, specifically the
improved supply of credit to the sector, through the strengthening of the credit
union system, as a target group oriented provider of financial services. The
project consists of the following activities (i) strengthening of the Credit Union,
through the introduction of SME credit know-how and training of Board
members and staff, improved administration and control, as well as
modernizing of products and product delivery; (ii) strengthening of BCLL,
through the improvement of services offered, reform of the fee basis and
establishment of a Monitoring and Supervision Unit; and (iii) definition and
implementation of Prudential Norms and a Supervision Structure for the credit
union system.

Project Detail

Country

Bahamas

Project Number

TC9803273

Approval Date

October 30, 1998

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

PUBLIC EXPENDITURE MANAGEMENT

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,100,000.00

Country Counterpart Financing

USD 440,000.00

Original Amount Approved

USD 660,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-6212-BH Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-6212-BH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-917344851-166
Project Abstract
Strengthening of the Bahamas Co-operative Credit Union System [433556].PDF
Dec. 31, 1999
English

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