El Salvador Financial Sector Assessment Development Module

This Financial Sector Assessment (FSA) summarizes the developmental aspects of the 2016 FSAP report for the Republic of El Salvador. A World Bank mission visited San Salvador from March 6 to 16, 2016 to review the developmental aspects of the Finan...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/588191488297494775/El-Salvador-Financial-sector-assessment
http://hdl.handle.net/10986/26218
Description
Summary:This Financial Sector Assessment (FSA) summarizes the developmental aspects of the 2016 FSAP report for the Republic of El Salvador. A World Bank mission visited San Salvador from March 6 to 16, 2016 to review the developmental aspects of the Financial Sector Assessment Program (FSAP) conducted in 2010.1 As previously agreed with the authorities, this FSAP Development Module focused on (i) financial systems issues, including competition and efficiency; (ii) financial inclusion and non-bank financial institution issues, (iii) public sector banks, (iv) financial system infrastructure, including payments, remittances transfers, and credit information systems; (v) capital market and private pensions development issues; and (vi) insurance. The report summarizes the diagnostic findings, progress made since the last FSAP, and recommendations for further regulatory, institutional and market development actions. The executive summary, following next, lists the main highlights and conclusions of this FSAP mission.