Streng.Superintendence Banks & Insurance

The technical cooperation seeks to improve access to financial services for low-income earners by strengthening the supervision of the Superintendency of Banks and Insurance (SBS) over micro-financial institutions (MFIs). The TC funds three components: (a) a program of visits to MFIs for inspection and audits with external support; (b) a program of training in the theory and practice of microfinance; and (c) an evaluation program. The first component provides for SBS visits, without advance notice, to all MFIs in the country, including municipal and rural credit unions and small and micro-enterprise development agencies (SMEDAs), for inspection by duly authorized auditors, once in 1999 and once in 2000. The second component has four subcomponents: (a) specialized training/internships in the areas of rural insurance, financial indicators for microfinance, and exchange programs with other superintendencies; (b) basic and advanced courses for microfinance inspectors; (c) courses abroad for training not offered in Peru; and (d) consultancies. The third component funds two sets of evaluations. The first set consists of a midterm and a final program performance evaluation, conducted by SBS staff. The second set of two evaluations: (a) analyzes the feasibility of implementing reforms in the legal and regulatory framework of the Law on Banks that would further strengthen the SBS's ability to supervise microfinance entities; and (b) analyzes the viability of establishing a specialized unit within the SBS for inspection of microfinance entities.

Project Detail

Country

Peru

Project Number

TC9905053

Approval Date

September 1, 1999

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 1,667,000.00

Country Counterpart Financing

USD 667,000.00

Original Amount Approved

USD 1,000,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/MT-6634-PE	Non-Sovereign Guaranteed	USD - United States Dollar	Nov. 30, 2024	Dec. 27, 1999	Technical Cooperation Facility	Nonreimbursable

Operation Number

ATN/MT-6634-PE

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Nov. 30, 2024
Signed Date: Dec. 27, 1999
Fund: Technical Cooperation Facility
Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-2030686745-4114

Donors Memorandum

Donors memorandum for MIF project TC9905053 - ATN_MT-6634-PE [1803333].PDF

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-2030686745-3897

Project Performance Monitoring Reports

PPMR for MIF project TC9905053 - ATN_MT-6634-PE July, 2000 [1784712].PDF

Dec. 31, 1999

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-2030686745-3898

Project Performance Monitoring Reports

PPMR for MIF project TC9905053 - ATN_MT-6634-PE July, 2001 [1784713].PDF

Dec. 31, 1999

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-100631786-9581

Donors Memorandum

Strengthening of the Structure for Delegated Regulation and Supervision of Credit Unions in Peru [463625].PDF

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-2030686745-9582

Donors Memorandum

Fortalecimiento de la estructura de regulación y supervisión delegada de las cooperativas de ahorro y crédito del [463626].PDF

Dec. 31, 1999

Spanish

Closed Phase

https://www.iadb.org/document.cfm?id=EZSHARE-2030686745-1053

Project Completion Report

Fortalecimiento de la Supervision de la Superintendencia de Banca y Seguros a Instituciones de Microcredito - Ref [1037773].PDF

Dec. 31, 1999

Spanish