Kazakhstan and Uzbekistan. Rapid increase in defaults poses a threat to financial stability of the two economies. From a social standpoint, excessive debt can decrease households’ disposable…
BRD issued first bond for sustainable projects. It rewards borrowers for reaching goals like ESG compliance, funding women-led projects, and affordable housing. The Government of Rwanda used IDA…
Catastrophe bonds, also known as #catbonds, brings diversification to investment portfolios and provides robust performance in good and bad times. What could a cat bond for a Central Asian country…
Banking supervisors in Central Asia need to be prepared for a potentially sharp rise in NPLs. A recent World Bank policy paper assesses the NPL resolution framework in four Central Asian countries…
Uzbekistanis save as much as people in other developing countries, don’t use banks or other financial institutions to deposit their savings. As a result, most women follow the example of friends…
Findings from the National Financial Inclusion Survey in Sri Lanka, which was led by the Central Bank of Sri Lanka, with technical assistance from IFC, under the IFC-DFAT Women in Work Program in…
Establishing a fit-for-purpose banking law in Uzbekistan
With public resources strained, governments alone cannot fund large-scale infrastructure development
With public resources strained, governments alone cannot fund large-scale infrastructure development
Also available in: Français Brainstorming session at the Bamako Policy Hackathon. Photo: World Bank What would happen if you put all the relevant players for the entrepreneurial ecosystem —…
With financial inclusion now established as an objective for most financial sector policymakers worldwide, the day-to-day responsibility for ensuring its achievement in a responsible, consumer-…