Strengthening of Financial Sector

Objectives: The objective of the program is to provide support for continuing the financial sector reform process currently being implemented by the Honduran government, and incorporate any applicable international banking and insurance standards. Description: The program has two components: 1) Strengthening of the regulatory and prudential framework of the financial system through the following activities: (a) extend supervision to the non-banking financial institutions in the system; (b) expand the National Banking and Insurance Commission's [Comisión Nacional de Bancos y Seguros] (CNBS) risk center; (c) create a comprehensive system of activities to protect the institutions in the financial sector; (d) integrate the BCH and CNBS information systems with those of the institutions in the financial system; and 2) Strengthening of the training system of the Honduran Association of Banking Institutions [Asociación Hondureña de Instituciones Bancarias] (AMA) and the Honduran Chamber of Insurance Companies [Cámara Hondureña de Aseguradoras] (CAHDA) to improve the system's human resources.

Project Detail

Country

Honduras

Project Number

TC9909024

Approval Date

November 29, 2000

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 2,428,120.00

Country Counterpart Financing

USD 971,248.00

Original Amount Approved

USD 1,456,872.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/MT-7240-HO	Non-Sovereign Guaranteed	USD - United States Dollar	Nov. 30, 2024	Jan. 31, 2001	Technical Cooperation Facility	Nonreimbursable

Operation Number

ATN/MT-7240-HO

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Nov. 30, 2024
Signed Date: Jan. 31, 2001
Fund: Technical Cooperation Facility
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1339857442-37

Project Performance Monitoring Reports

PPMR for MIF project TC9909024 - ATN_MT-7240-HO June, 2001 [1784005].PDF

Dec. 31, 1999

Spanish

https://www.iadb.org/document.cfm?id=EZSHARE-1339857442-7861

Donors Memorandum

Program to Strengthen the Financial Sector [416646].PDF

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-1339857442-8376

Donors Memorandum

Programa para el fortalecimiento del sector financiero [431337].PDF

Dec. 31, 1999

Spanish

Closed Phase

https://www.iadb.org/document.cfm?id=EZSHARE-1339857442-25

Project Completion Report

Fortalecimiento del Sector Financiero de Honduras - MIF_AT-375 - MPCR [1040723].DOC

Dec. 31, 1999

Spanish