Skip to main content
Streng. Multisectorial Investments Bank
THIS PROGRAM INCLUDES: DETAILED ASSESSMENT OF THE INSTITUTION'S SITUATION, ASISTANCE IN STRATEGIC PLANING, REDESIGN OF PROCESSES, ORGANIZATIONAL STRUCTURE, HUMAN RESOURCES STRATEGY, DEVELOPMENT OF THE FINANANCIAL FUNCTION, RISK MANAGEMENT, AUDIT, MIS. THE PROGRAM COVERS PROBLEM RECOGNITION, FORMULATION OF RECOMENDATIONS AND SATISFACTORY IMPLEMENTATION.

Project Detail

Country

El Salvador

Project Number

TC9406027

Approval Date

January 19, 1996

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 390,000.00

Country Counterpart Financing

USD 50,000.00

Original Amount Approved

USD 340,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/JF-5125-ES Sovereign Guaranteed USD - United States Dollar Japan Special Fund Nonreimbursable
Operation Number ATN/JF-5125-ES
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Japan Special Fund
  • Financial Instrument: Nonreimbursable
Publications
Published 2024
Taxation when Markets are not Competitive: Evidence from a Loan Tax
We study the interaction of market structure and tax-and-subsidy strategies utilizing pass-through estimates from the unexpected introduction of a loan tax in Ecuador, a quantitative model, and a comprehensive commercial-loan dataset. Our model generalizes bank competition theories, including Bertrand-Nash competition, credit rationing, and joint-maximization. While we find the loan tax is distortionary, neglecting the possibility of non-competitive lending inflates estimated tax deadweight loss by 80% because non-competitive banks internalize some of the burden. Conversely, subsidies are less effective in non-competitive settings. If competition were stronger, tax revenue would be 10% lower. The findings suggest that policymakers should consider market structure in tax-and-subsidy strategies.
Courses
Published 2024
Risk Management in Development Projects
Project teams usually spend a large portion of their time solving problems instead of preventing them. Project risk management seeks to preemptively manage positive and negative events that may affect a project so as to improve its chance of success. What will you be able to do by the end of the course? - Identify risks in scenarios of uncertainty; - Determine who can help you; understand how to manage risks in settings with limited resources; - Develop risk response strategies; monitor and update risks throughout the life of the project.
Publications
Published 2024
The Promises of Digital Bank Accounts for Low-income Individuals
The push for adopting digital modes of payment rests on three promises: increased efficiency of transactions, increased financial inclusion, and improvements in the financial well-being of low-income individuals. We experimentally test the extent to which these promises are fulfilled. We exploit the random assignment into an intervention to encourage direct deposits of recurrent government benefits into digital bank accounts in Colombia. Switching from cash to direct deposits reduces disbursement errors and increases access to benefits among eligible beneficiaries. It also increases the ownership of bank accounts, the demand for formal loans, and loan take-up among individuals without a financial history. However, we do not find evidence of improvements in financial well-being across any of our metrics.
Courses
Published 2024
Gestión de riesgos en proyectos de desarrollo
Aprende a gestionar anticipadamente los eventos positivos y negativos que pueden afectar la ejecución de un proyecto de desarrollo. Es usual ver equipos de proyectos invirtiendo gran parte de su tiempo en resolver problemas en lugar de prevenirlos. La gestión de riesgos de proyectos busca gestionar anticipadamente los eventos positivos y negativos que pueden afectar a un proyecto con el fin de incrementar su probabilidad de éxito. ¿Qué podrás hacer al final de este curso? Identificar riesgos en escenarios de incertidumbre Determinar quién puede apoyarte Entender cómo gestionar riesgos en entornos de recursos limitados Establecer estrategias para responder a los riesgos Monitorear y actualizar los riesgos a lo largo de la vida del proyecto
Publications
Published 2023
MICI Reflections: Access to Remedy and Dispute Resolution: Contributions to the Conversation Based on MICI's Experience
The notion of remedy has gained importance and become a central issue on the international development agenda, despite accountability mechanisms and financial institutions have been subject to continued criticism in terms of their ability to provide effective remedy for communities claiming to be affected by development projects. This note aims to explore the role of alternative dispute resolution in access to remedy, and to specifically examine the contributions that MICIs Consultation Phase has made in providing solutions to communities that believe they have been adversely affected by IDB Group-financed development projects between 2017 and 2022.
Publications
Published 2023
President's Report 2023
IDB Report of the President 2023.
Publications
Published 2024
Latin America and the Caribbean Standardized Public Debt Database: Data as of June 2023
This database compiles current standardized statistics on sovereign debt issuances for the Latin American and Caribbean (LAC) region and contains biannual data starting in 2006 through June 2023. Sovereign debt data is classified by legislation, creditor, currency, and maturity, among other areas, for 26 LAC countries. The availability of valid, comparable, and standardized public debt data is essential for the implementation of sound policies. As such, at the core of the LAC Debt Group initiative is the development of a standardized sovereign debt database to help debt managers, policymakers, and other actors of financial markets analyze the evolution and composition of public debt in the region and conduct cross-country comparisons. LAC public debt offices provided the data in response to a questionnaire specifically designed to allow comparability. The questionnaire, whose response is non-compulsory, is intended to compile current standardized statistics for objective and homogeneous definitions of public debt.
Publications
Published 2021
Research Insights: How Can Macro-Prudential Policy Control the Impact of Cross-Border Bank Flows on Emerging Market Economies?
Advanced economies (AEs) transmit economic crisis to Emerging Market Economies (EMEs) through cross-border bank flows, impacting their output, credit, and assets prices. Empirical evidence suggests that the transmission of the crisis from AEs to EMEs is higher in the absence of macro-prudential policy. A macro-prudential policy in the form of a levy on EMEs banks, when credit grows faster than deposits, reduces the propagation of AEs crisis to EMEs: the consumption drop is 12 percent lower, and the reaction of the labor market smoother, so consumers are better off with the policy than without it.
Publications
Published 2022
A roadmap to the mobility and logistics trends that are reshaping Latin America and the Caribbean
Today, governments are acutely aware that merely building new infrastructure is not the solution, and they are seeking the IDB Groups assistance in designing smarter transportation services that will meet their peoples expectations. This document describes the five broad shifts that are driving the IDB Groups transportation portfolio: (i) the social dimension of transportation services; (ii) new institutional and regulatory arrangements; (iii) logistics performance; (iv) secure resources for maintaining transport infrastructure, and (v) the digital transformation.
Blogs
Published 2023
US Banking Fragilities and the Potential Impacts on Latin America and the Caribbean
Several bank failures, and the high volatility in US bank equity prices, have raised considerable concern in recent weeks. The March 10 failure of Silicon Valley Bank (SVB) followed just two days later by that of Signature Bank shocked many observers. There were hopes that these were isolated incidents, but other regional banks soon came
Powered by FindIT
Jump back to top