Benin Financial Sector Review : Stability for a Better Inclusion

This report focuses on the Beninese financial sector by identifying the scope and penetration of specific activities such as banking, microfinance, retail payments, and agriculture finance and the challenges of effectively regulating and supervisin...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/319531556511306251/Benin-Financial-Sector-Review-Stability-for-a-Better-Inclusion
http://hdl.handle.net/10986/31611
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recordtype oai_dc
spelling okr-10986-316112021-09-21T12:15:20Z Benin Financial Sector Review : Stability for a Better Inclusion World Bank MICROFINANCE BANKING FINANCIAL INCLUSION PAYMENT SYSTEM FINANCIAL SERVICES DIGITAL BANKING AGRICULTURE FINANCE This report focuses on the Beninese financial sector by identifying the scope and penetration of specific activities such as banking, microfinance, retail payments, and agriculture finance and the challenges of effectively regulating and supervising such activities, with recommendations aimed at ensuring their financial soundness and achieving regulatory sustainability. The report is organized as follows: chapter one provides a brief overview of the activities of the banking sector, with an emphasis on the level of its contribution in financing the economy, the financial situation and impact on financial stability. Chapter two provides a current state of the microfinance sector, the challenges, and threats that may limit its growth and contribution to the development of the real economy, with recommendations to go forward. Chapter three consists of a diagnosis of the retail payment ecosystem and identifies several recommendations to help increase financial inclusion in Benin. Chapter four provides an overview of the current government interventions to facilitate access to credit in the agriculture sector, the enduring constraints which limit access to and the attractiveness of the private sector, and suggestions to crowd in further private sector financing. 2019-05-03T19:28:53Z 2019-05-03T19:28:53Z 2018-11 Report http://documents.worldbank.org/curated/en/319531556511306251/Benin-Financial-Sector-Review-Stability-for-a-Better-Inclusion http://hdl.handle.net/10986/31611 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program Africa Benin
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic MICROFINANCE
BANKING
FINANCIAL INCLUSION
PAYMENT SYSTEM
FINANCIAL SERVICES
DIGITAL BANKING
AGRICULTURE FINANCE
spellingShingle MICROFINANCE
BANKING
FINANCIAL INCLUSION
PAYMENT SYSTEM
FINANCIAL SERVICES
DIGITAL BANKING
AGRICULTURE FINANCE
World Bank
Benin Financial Sector Review : Stability for a Better Inclusion
geographic_facet Africa
Benin
description This report focuses on the Beninese financial sector by identifying the scope and penetration of specific activities such as banking, microfinance, retail payments, and agriculture finance and the challenges of effectively regulating and supervising such activities, with recommendations aimed at ensuring their financial soundness and achieving regulatory sustainability. The report is organized as follows: chapter one provides a brief overview of the activities of the banking sector, with an emphasis on the level of its contribution in financing the economy, the financial situation and impact on financial stability. Chapter two provides a current state of the microfinance sector, the challenges, and threats that may limit its growth and contribution to the development of the real economy, with recommendations to go forward. Chapter three consists of a diagnosis of the retail payment ecosystem and identifies several recommendations to help increase financial inclusion in Benin. Chapter four provides an overview of the current government interventions to facilitate access to credit in the agriculture sector, the enduring constraints which limit access to and the attractiveness of the private sector, and suggestions to crowd in further private sector financing.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Benin Financial Sector Review : Stability for a Better Inclusion
title_short Benin Financial Sector Review : Stability for a Better Inclusion
title_full Benin Financial Sector Review : Stability for a Better Inclusion
title_fullStr Benin Financial Sector Review : Stability for a Better Inclusion
title_full_unstemmed Benin Financial Sector Review : Stability for a Better Inclusion
title_sort benin financial sector review : stability for a better inclusion
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/319531556511306251/Benin-Financial-Sector-Review-Stability-for-a-Better-Inclusion
http://hdl.handle.net/10986/31611
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