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Support Program for Bank Supervision

Objectives: The program's overall objective is to enhance the quality of financial intermediary regulation and oversight, with particular emphasis on bank regulation and supervision, to make the country's financial system sounder and more secure. Description: Specifically, the program aims to: (i) strengthen the approach to banking regulation and oversight by adjusting laws and regulations and inspection methods to the needs and characteristics of the Dominican Republic's fn=cial system; and (ii) make oversight more efficient by improving human resources management and bringing in modem information systems. More sophisticated and efficient inspection methods will translate into effective oversight and enforcement authority.

Project Detail

Country

Dominican Republic

Project Number

TC9901019

Approval Date

December 6, 2000

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 2,600,000.00

Country Counterpart Financing

USD 1,300,000.00

Original Amount Approved

USD 1,300,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/MT-7252-DR Non-Sovereign Guaranteed USD - United States Dollar Technical Cooperation Facility
Operation Number ATN/MT-7252-DR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Technical Cooperation Facility
  • Financial Instrument:
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