Lesotho : Financial Sector Review

This report is a review of the Lesotho's financial system covering: i) the macro-financial environment; ii) safety and soundness of the banking system; iii) non-bank financial institutions; and iv) microfinance and finance for small and medium...

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Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNTABILITY ACCOUNTING ADVERSE IMPACT ADVERSE IMPACTS AGED AGRICULTURAL PRODUCTION AGRICULTURE CAPACITY BUILDING CAPITAL FORMATION CIVIL SERVICE COMMERCIAL CREDITORS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMER PRICE INDEX CORPORATE INCOME TAX CURRENT PRICES DEBT DECENTRALIZATION DEPOSITS DEVELOPMENT ASSISTANCE DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE EDUCATION ENVIRONMENTAL ENVIRONMENTAL EDUCATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT EXCHANGE RATE EXCHANGE RATES EXERCISES EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL ACCOUNTABILITY FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL BALANCE FISCAL DISCIPLINE FISCAL POLICIES FISCAL SURPLUS FORESTRY GDP GNP GOVERNMENT DEBT GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROSS NATIONAL SAVINGS GROWTH POTENTIAL GROWTH RATE HEALTH HEALTH CARE HIGH UNEMPLOYMENT HUMAN DEVELOPMENT IMMUNODEFICIENCY IMPORTS INCOME INFLATION INTEREST RATES LABOR FORCE LAND DEGRADATION LAND MANAGEMENT LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MIGRANTS MINES MONETARY POLICY MORTALITY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE BASE NATURAL RESOURCES NUTRITION OIL POLITICAL ECONOMY POLLUTION POPULATION DENSITIES POSITIVE EFFECTS POVERTY LINE PRESENT VALUE PRIVATE SECTOR PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES REAL GDP REGULATORY FRAMEWORK SAVINGS SOCIAL WELFARE STRUCTURAL CHANGE SUSTAINABLE DEVELOPMENT TAX RATES TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRANSPORT TREASURY TREASURY BILLS UNEMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2004/04/7141672/lesotho-financial-sector-review http://hdl.handle.net/10986/14537

id	okr-10986-14537
recordtype	oai_dc
spelling	okr-10986-145372021-04-23T14:03:19Z Lesotho : Financial Sector Review World Bank ACCOUNTABILITY ACCOUNTING ADVERSE IMPACT ADVERSE IMPACTS AGED AGRICULTURAL PRODUCTION AGRICULTURE CAPACITY BUILDING CAPITAL FORMATION CIVIL SERVICE COMMERCIAL CREDITORS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMER PRICE INDEX CORPORATE INCOME TAX CURRENT PRICES DEBT DECENTRALIZATION DEPOSITS DEVELOPMENT ASSISTANCE DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE EDUCATION ENVIRONMENTAL ENVIRONMENTAL EDUCATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT EXCHANGE RATE EXCHANGE RATES EXERCISES EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL ACCOUNTABILITY FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL BALANCE FISCAL DISCIPLINE FISCAL POLICIES FISCAL SURPLUS FORESTRY GDP GNP GOVERNMENT DEBT GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROSS NATIONAL SAVINGS GROWTH POTENTIAL GROWTH RATE HEALTH HEALTH CARE HIGH UNEMPLOYMENT HUMAN DEVELOPMENT IMMUNODEFICIENCY IMPORTS INCOME INFLATION INTEREST RATES LABOR FORCE LAND DEGRADATION LAND MANAGEMENT LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MIGRANTS MINES MONETARY POLICY MORTALITY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE BASE NATURAL RESOURCES NUTRITION OIL POLITICAL ECONOMY POLLUTION POPULATION DENSITIES POSITIVE EFFECTS POVERTY LINE PRESENT VALUE PRIVATE SECTOR PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES REAL GDP REGULATORY FRAMEWORK SAVINGS SOCIAL WELFARE STRUCTURAL CHANGE SUSTAINABLE DEVELOPMENT TAX RATES TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRANSPORT TREASURY TREASURY BILLS UNEMPLOYMENT This report is a review of the Lesotho's financial system covering: i) the macro-financial environment; ii) safety and soundness of the banking system; iii) non-bank financial institutions; and iv) microfinance and finance for small and medium enterprises. The report was based on data and other information collected during the March 2003 mission. The report is presented in four chapters: chapter one: macro-financial environment and structure of the financial system; chapter two: addresses key issues facing the banking institutions; chapter three: addresses the non-bank financial institutions; and chapter four: addresses the finance for micro, small and medium enterprises. A statistical annex contains relevant data for all the chapters. Overall, the review had three major objectives: a) to assess the safety and soundness of selected sectors in the financial system; b) to evaluate major constraints facing the financial system and its ability to support private sector development; and c) to formulate actions and policies to address these constraints. 2013-07-24T18:57:52Z 2013-07-24T18:57:52Z 2004-04 http://documents.worldbank.org/curated/en/2004/04/7141672/lesotho-financial-sector-review http://hdl.handle.net/10986/14537 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Lesotho
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTABILITY ACCOUNTING ADVERSE IMPACT ADVERSE IMPACTS AGED AGRICULTURAL PRODUCTION AGRICULTURE CAPACITY BUILDING CAPITAL FORMATION CIVIL SERVICE COMMERCIAL CREDITORS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMER PRICE INDEX CORPORATE INCOME TAX CURRENT PRICES DEBT DECENTRALIZATION DEPOSITS DEVELOPMENT ASSISTANCE DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE EDUCATION ENVIRONMENTAL ENVIRONMENTAL EDUCATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT EXCHANGE RATE EXCHANGE RATES EXERCISES EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL ACCOUNTABILITY FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL BALANCE FISCAL DISCIPLINE FISCAL POLICIES FISCAL SURPLUS FORESTRY GDP GNP GOVERNMENT DEBT GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROSS NATIONAL SAVINGS GROWTH POTENTIAL GROWTH RATE HEALTH HEALTH CARE HIGH UNEMPLOYMENT HUMAN DEVELOPMENT IMMUNODEFICIENCY IMPORTS INCOME INFLATION INTEREST RATES LABOR FORCE LAND DEGRADATION LAND MANAGEMENT LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MIGRANTS MINES MONETARY POLICY MORTALITY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE BASE NATURAL RESOURCES NUTRITION OIL POLITICAL ECONOMY POLLUTION POPULATION DENSITIES POSITIVE EFFECTS POVERTY LINE PRESENT VALUE PRIVATE SECTOR PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES REAL GDP REGULATORY FRAMEWORK SAVINGS SOCIAL WELFARE STRUCTURAL CHANGE SUSTAINABLE DEVELOPMENT TAX RATES TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRANSPORT TREASURY TREASURY BILLS UNEMPLOYMENT
spellingShingle	ACCOUNTABILITY ACCOUNTING ADVERSE IMPACT ADVERSE IMPACTS AGED AGRICULTURAL PRODUCTION AGRICULTURE CAPACITY BUILDING CAPITAL FORMATION CIVIL SERVICE COMMERCIAL CREDITORS COMMUNITY DEVELOPMENT COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPETITIVE ADVANTAGES COMPETITIVENESS CONSUMER PRICE INDEX CORPORATE INCOME TAX CURRENT PRICES DEBT DECENTRALIZATION DEPOSITS DEVELOPMENT ASSISTANCE DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC PERFORMANCE EDUCATION ENVIRONMENTAL ENVIRONMENTAL EDUCATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT EXCHANGE RATE EXCHANGE RATES EXERCISES EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL ACCOUNTABILITY FINANCIAL MANAGEMENT FINANCIAL SERVICES FISCAL BALANCE FISCAL DISCIPLINE FISCAL POLICIES FISCAL SURPLUS FORESTRY GDP GNP GOVERNMENT DEBT GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROSS NATIONAL SAVINGS GROWTH POTENTIAL GROWTH RATE HEALTH HEALTH CARE HIGH UNEMPLOYMENT HUMAN DEVELOPMENT IMMUNODEFICIENCY IMPORTS INCOME INFLATION INTEREST RATES LABOR FORCE LAND DEGRADATION LAND MANAGEMENT LEGISLATION LOCAL GOVERNMENTS MACROECONOMIC STABILITY MIGRANTS MINES MONETARY POLICY MORTALITY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE BASE NATURAL RESOURCES NUTRITION OIL POLITICAL ECONOMY POLLUTION POPULATION DENSITIES POSITIVE EFFECTS POVERTY LINE PRESENT VALUE PRIVATE SECTOR PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES REAL GDP REGULATORY FRAMEWORK SAVINGS SOCIAL WELFARE STRUCTURAL CHANGE SUSTAINABLE DEVELOPMENT TAX RATES TECHNICAL ASSISTANCE TRADE LIBERALIZATION TRANSPORT TREASURY TREASURY BILLS UNEMPLOYMENT World Bank Lesotho : Financial Sector Review
geographic_facet	Africa Lesotho
description	This report is a review of the Lesotho's financial system covering: i) the macro-financial environment; ii) safety and soundness of the banking system; iii) non-bank financial institutions; and iv) microfinance and finance for small and medium enterprises. The report was based on data and other information collected during the March 2003 mission. The report is presented in four chapters: chapter one: macro-financial environment and structure of the financial system; chapter two: addresses key issues facing the banking institutions; chapter three: addresses the non-bank financial institutions; and chapter four: addresses the finance for micro, small and medium enterprises. A statistical annex contains relevant data for all the chapters. Overall, the review had three major objectives: a) to assess the safety and soundness of selected sectors in the financial system; b) to evaluate major constraints facing the financial system and its ability to support private sector development; and c) to formulate actions and policies to address these constraints.
format	Economic & Sector Work :: Policy Note
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Lesotho : Financial Sector Review
title_short	Lesotho : Financial Sector Review
title_full	Lesotho : Financial Sector Review
title_fullStr	Lesotho : Financial Sector Review
title_full_unstemmed	Lesotho : Financial Sector Review
title_sort	lesotho : financial sector review
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2004/04/7141672/lesotho-financial-sector-review http://hdl.handle.net/10986/14537
_version_	1764429362535333888

Lesotho : Financial Sector Review

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