Support for Superintendency of Banks and other Financial Institutions
The general objective of the proposed project is to support the establishment, consolidation and strengthening of an efficient capital market in Nicaragua, through the consolidation and strengthening of the technical and institutional capacity of the SBIF to regulate and supervise the financial sector, in an technically and administratively efficient manner. The specific objectives include: (i) the regulatory and supervisory framework of the financial sector; (ii) strengthening the organizational institutional structures; (iii) consolidate and expand the technical capacity of personnel; (iv) update and expand the information support to complete the supervision, dissemination and administrative tasks; and (v) strengthen the administrative structures and internal controls of the institution.

Project Detail

Country

Nicaragua

Project Number

TC9912013

Approval Date

August 7, 2002

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

PUBLIC EXPENDITURE MANAGEMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 2,077,000.00

Country Counterpart Financing

USD 839,000.00

Original Amount Approved

USD 1,238,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/MT-7975-NI Non-Sovereign Guaranteed USD - United States Dollar Technical Cooperation Facility
Operation Number ATN/MT-7975-NI
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Technical Cooperation Facility
  • Financial Instrument: