Development Banks : Role and Mechanisms to Increase their Efficiency

Past performance of development banks, has generally been considered poor and the value of state ownership questioned. There are few institutions that achieve the optimum balance of effectively addressing a policy objective while being financially...

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Main Authors: Gutierrez, Eva, Rudolph, Heinz P., Homa, Theodore, Blanco Beneit, Enrique
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110720101855
http://hdl.handle.net/10986/3493
id okr-10986-3493
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO BANK
ACCESS TO FINANCING
ACCOUNTABILITY
ACCOUNTING
ADMINISTRATIVE COSTS
ASSET-BACKED SECURITIES
ASYMMETRIC INFORMATION
AUDIT COMMITTEE
AUDITING
AUDITORS
BALANCE SHEET
BALANCE SHEET ANALYSIS
BALANCE SHEETS
BANK CREDIT
BANK OF CANADA
BANK REGULATION
BANKING CORPORATION
BANKING MODELS
BANKING SECTOR
BANKING SERVICES
BANKING SYSTEM
BIDS
BORROWER
BUDGET CONSTRAINTS
BUSINESS DEVELOPMENT
BUSINESS DEVELOPMENT BANK
CAPITAL MARKETS
CAPITALIZATION
CASH FLOWS
CENTRAL BANKS
CIVIL CODE
COMMERCIAL BANK
COMMERCIAL BANKING
COMMERCIAL BANKS
COMPANY LAW
CONFLICT OF INTERESTS
CONFLICTS OF INTEREST
CONTRACT ENFORCEMENT
COORDINATION FAILURE
COORDINATION FAILURES
CORPORATE BANKING
CORPORATE GOVERNANCE
CREDIT AGENCIES
CREDIT APPRAISAL
CREDIT CARD
CREDIT COOPERATIVES
CREDIT DECISIONS
CREDIT GROWTH
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT HISTORY
CREDIT INSTITUTION
CREDIT LINES
CREDIT MARKET
CREDIT PROVISION
CREDIT RISK
CREDIT SCORING
DEBT
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DEVELOPMENT BANKING
DEVELOPMENT BANKS
DEVELOPMENT FINANCE
DOMESTIC CREDIT
ECONOMIC ACTIVITIES
ECONOMIC DEVELOPMENT
EMPLOYMENT
ENTREPRENEURSHIP
EQUIPMENT
EQUITY FUND
EXPORTER
EXPORTERS
EXTERNALITIES
FACTORING
FEDERAL RESERVE
FINANCIAL CONGLOMERATES
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL DISTRESS
FINANCIAL INFRASTRUCTURES
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RISK
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL STATEMENTS
FINANCIAL SUSTAINABILITY
FINANCIAL SYSTEM
FISCAL POLICIES
FLEXIBLE REPAYMENT
FOREIGN BANK
FOREIGN BANKS
GLOBAL CAPITAL
GLOBAL CAPITAL MARKETS
GLOBALIZATION
GOVERNANCE STANDARDS
GOVERNMENT BUDGET
GOVERNMENT GUARANTEES
GOVERNMENT OWNERSHIP
GOVERNMENT POLICIES
GOVERNMENT POLICY
GOVERNMENT SUBSIDIES
GUARANTEE FUND
HOLDING
HOME MORTGAGE
HOUSING
IMPLICIT GOVERNMENT GUARANTEES
INFLATION
INFORMATION ASYMMETRIES
INFRASTRUCTURE FINANCE
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INSTRUMENT
INTANGIBLE
INTANGIBLE ASSETS
INTEREST RATE
INTEREST RATES
INTERNAL AUDIT
INTERNATIONAL BANK
INTERNATIONAL MARKET
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTING
INVESTMENT OPPORTUNITIES
JUDICIAL SYSTEMS
LEGAL CONSTRAINTS
LEGAL SYSTEMS
LENDER
LENDER OF LAST RESORT
LENDERS
LENDING INSTITUTIONS
LEVEL OF RISK
LEVEL PLAYING FIELD
LEVY
LIMITED BORROWING CAPACITY
LIQUIDATIONS
LIQUIDITY
LOAN
LOAN PORTFOLIO
LOAN RATES
LOANS TO CUSTOMERS
LOCAL GOVERNMENTS
LONG-TERM CAPITAL
LONG-TERM COST
MANDATES
MARKET CONDITIONS
MARKET DISTORTIONS
MARKET FAILURE
MARKET FAILURES
MARKET SHARE
MATURITIES
MICRO ENTERPRISE
MICRO-FINANCE
MICROFINANCE
MICROFINANCE INSTITUTIONS
MINORITY SHAREHOLDERS
MONETARY POLICY
NATIONAL TREASURY
OPEN MARKET
OPPORTUNITY COST
PARTIAL CREDIT
PLEDGE COLLATERAL
POLICY CREDIBILITY
POLITICAL RISKS
PORTFOLIO
PRICE RISK
PRICE RISKS
PRIVATE BANKS
PRIVATE CAPITAL
PRIVATE COMMERCIAL BANKS
PRIVATE CREDITORS
PRIVATE EQUITY
PRIVATE FINANCIAL INSTITUTIONS
PRIVATE FINANCIAL SECTOR
PRIVATE LENDING
PRIVATIZATION
PROFITABILITY
PROVISION OF CREDIT
PUBLIC BANK
PUBLIC BANKS
PUBLIC OFFERINGS
RATE OF RETURN
REGULATORY FRAMEWORK
REPAYMENT
RESOURCE ALLOCATION
RETURN ON EQUITY
RETURNS
RISK AVERSION
RISK FRONTIER
RISK MANAGEMENT
RISK MANAGEMENT SYSTEMS
SAVINGS
SECURITIES
SECURITIES ISSUANCE
SHAREHOLDER
SHAREHOLDERS
STATE INTERVENTION
STOCK EXCHANGE
STUDENT LOANS
SUBSIDIARIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITIES
SUPERVISORY BOARD
SYSTEMIC RISK
TECHNICAL ASSISTANCE
TRADE FINANCING
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TRUST FUND
spellingShingle ACCESS TO BANK
ACCESS TO FINANCING
ACCOUNTABILITY
ACCOUNTING
ADMINISTRATIVE COSTS
ASSET-BACKED SECURITIES
ASYMMETRIC INFORMATION
AUDIT COMMITTEE
AUDITING
AUDITORS
BALANCE SHEET
BALANCE SHEET ANALYSIS
BALANCE SHEETS
BANK CREDIT
BANK OF CANADA
BANK REGULATION
BANKING CORPORATION
BANKING MODELS
BANKING SECTOR
BANKING SERVICES
BANKING SYSTEM
BIDS
BORROWER
BUDGET CONSTRAINTS
BUSINESS DEVELOPMENT
BUSINESS DEVELOPMENT BANK
CAPITAL MARKETS
CAPITALIZATION
CASH FLOWS
CENTRAL BANKS
CIVIL CODE
COMMERCIAL BANK
COMMERCIAL BANKING
COMMERCIAL BANKS
COMPANY LAW
CONFLICT OF INTERESTS
CONFLICTS OF INTEREST
CONTRACT ENFORCEMENT
COORDINATION FAILURE
COORDINATION FAILURES
CORPORATE BANKING
CORPORATE GOVERNANCE
CREDIT AGENCIES
CREDIT APPRAISAL
CREDIT CARD
CREDIT COOPERATIVES
CREDIT DECISIONS
CREDIT GROWTH
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT HISTORY
CREDIT INSTITUTION
CREDIT LINES
CREDIT MARKET
CREDIT PROVISION
CREDIT RISK
CREDIT SCORING
DEBT
DEPOSITS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DEVELOPMENT BANKING
DEVELOPMENT BANKS
DEVELOPMENT FINANCE
DOMESTIC CREDIT
ECONOMIC ACTIVITIES
ECONOMIC DEVELOPMENT
EMPLOYMENT
ENTREPRENEURSHIP
EQUIPMENT
EQUITY FUND
EXPORTER
EXPORTERS
EXTERNALITIES
FACTORING
FEDERAL RESERVE
FINANCIAL CONGLOMERATES
FINANCIAL CRISIS
FINANCIAL DEVELOPMENT
FINANCIAL DISTRESS
FINANCIAL INFRASTRUCTURES
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL RISK
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL STATEMENTS
FINANCIAL SUSTAINABILITY
FINANCIAL SYSTEM
FISCAL POLICIES
FLEXIBLE REPAYMENT
FOREIGN BANK
FOREIGN BANKS
GLOBAL CAPITAL
GLOBAL CAPITAL MARKETS
GLOBALIZATION
GOVERNANCE STANDARDS
GOVERNMENT BUDGET
GOVERNMENT GUARANTEES
GOVERNMENT OWNERSHIP
GOVERNMENT POLICIES
GOVERNMENT POLICY
GOVERNMENT SUBSIDIES
GUARANTEE FUND
HOLDING
HOME MORTGAGE
HOUSING
IMPLICIT GOVERNMENT GUARANTEES
INFLATION
INFORMATION ASYMMETRIES
INFRASTRUCTURE FINANCE
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INSTRUMENT
INTANGIBLE
INTANGIBLE ASSETS
INTEREST RATE
INTEREST RATES
INTERNAL AUDIT
INTERNATIONAL BANK
INTERNATIONAL MARKET
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTING
INVESTMENT OPPORTUNITIES
JUDICIAL SYSTEMS
LEGAL CONSTRAINTS
LEGAL SYSTEMS
LENDER
LENDER OF LAST RESORT
LENDERS
LENDING INSTITUTIONS
LEVEL OF RISK
LEVEL PLAYING FIELD
LEVY
LIMITED BORROWING CAPACITY
LIQUIDATIONS
LIQUIDITY
LOAN
LOAN PORTFOLIO
LOAN RATES
LOANS TO CUSTOMERS
LOCAL GOVERNMENTS
LONG-TERM CAPITAL
LONG-TERM COST
MANDATES
MARKET CONDITIONS
MARKET DISTORTIONS
MARKET FAILURE
MARKET FAILURES
MARKET SHARE
MATURITIES
MICRO ENTERPRISE
MICRO-FINANCE
MICROFINANCE
MICROFINANCE INSTITUTIONS
MINORITY SHAREHOLDERS
MONETARY POLICY
NATIONAL TREASURY
OPEN MARKET
OPPORTUNITY COST
PARTIAL CREDIT
PLEDGE COLLATERAL
POLICY CREDIBILITY
POLITICAL RISKS
PORTFOLIO
PRICE RISK
PRICE RISKS
PRIVATE BANKS
PRIVATE CAPITAL
PRIVATE COMMERCIAL BANKS
PRIVATE CREDITORS
PRIVATE EQUITY
PRIVATE FINANCIAL INSTITUTIONS
PRIVATE FINANCIAL SECTOR
PRIVATE LENDING
PRIVATIZATION
PROFITABILITY
PROVISION OF CREDIT
PUBLIC BANK
PUBLIC BANKS
PUBLIC OFFERINGS
RATE OF RETURN
REGULATORY FRAMEWORK
REPAYMENT
RESOURCE ALLOCATION
RETURN ON EQUITY
RETURNS
RISK AVERSION
RISK FRONTIER
RISK MANAGEMENT
RISK MANAGEMENT SYSTEMS
SAVINGS
SECURITIES
SECURITIES ISSUANCE
SHAREHOLDER
SHAREHOLDERS
STATE INTERVENTION
STOCK EXCHANGE
STUDENT LOANS
SUBSIDIARIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITIES
SUPERVISORY BOARD
SYSTEMIC RISK
TECHNICAL ASSISTANCE
TRADE FINANCING
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TRUST FUND
Gutierrez, Eva
Rudolph, Heinz P.
Homa, Theodore
Blanco Beneit, Enrique
Development Banks : Role and Mechanisms to Increase their Efficiency
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5729
description Past performance of development banks, has generally been considered poor and the value of state ownership questioned. There are few institutions that achieve the optimum balance of effectively addressing a policy objective while being financially sustainable. Following the financial crisis, there is a renewed interest in the role development banks can play in weathering the crisis. The purpose of this paper is to highlight the lessons learned following the financial crisis and to present some of the best practices in development banking so that policy makers can be better informed should they be considering how to build strong state financial institutions to address current and future needs in their respective countries.
format Publications & Research :: Policy Research Working Paper
author Gutierrez, Eva
Rudolph, Heinz P.
Homa, Theodore
Blanco Beneit, Enrique
author_facet Gutierrez, Eva
Rudolph, Heinz P.
Homa, Theodore
Blanco Beneit, Enrique
author_sort Gutierrez, Eva
title Development Banks : Role and Mechanisms to Increase their Efficiency
title_short Development Banks : Role and Mechanisms to Increase their Efficiency
title_full Development Banks : Role and Mechanisms to Increase their Efficiency
title_fullStr Development Banks : Role and Mechanisms to Increase their Efficiency
title_full_unstemmed Development Banks : Role and Mechanisms to Increase their Efficiency
title_sort development banks : role and mechanisms to increase their efficiency
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110720101855
http://hdl.handle.net/10986/3493
_version_ 1764387088837378048
spelling okr-10986-34932021-04-23T14:02:10Z Development Banks : Role and Mechanisms to Increase their Efficiency Gutierrez, Eva Rudolph, Heinz P. Homa, Theodore Blanco Beneit, Enrique ACCESS TO BANK ACCESS TO FINANCING ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE COSTS ASSET-BACKED SECURITIES ASYMMETRIC INFORMATION AUDIT COMMITTEE AUDITING AUDITORS BALANCE SHEET BALANCE SHEET ANALYSIS BALANCE SHEETS BANK CREDIT BANK OF CANADA BANK REGULATION BANKING CORPORATION BANKING MODELS BANKING SECTOR BANKING SERVICES BANKING SYSTEM BIDS BORROWER BUDGET CONSTRAINTS BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT BANK CAPITAL MARKETS CAPITALIZATION CASH FLOWS CENTRAL BANKS CIVIL CODE COMMERCIAL BANK COMMERCIAL BANKING COMMERCIAL BANKS COMPANY LAW CONFLICT OF INTERESTS CONFLICTS OF INTEREST CONTRACT ENFORCEMENT COORDINATION FAILURE COORDINATION FAILURES CORPORATE BANKING CORPORATE GOVERNANCE CREDIT AGENCIES CREDIT APPRAISAL CREDIT CARD CREDIT COOPERATIVES CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT GUARANTEES CREDIT HISTORY CREDIT INSTITUTION CREDIT LINES CREDIT MARKET CREDIT PROVISION CREDIT RISK CREDIT SCORING DEBT DEPOSITS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DEVELOPMENT BANKING DEVELOPMENT BANKS DEVELOPMENT FINANCE DOMESTIC CREDIT ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT EMPLOYMENT ENTREPRENEURSHIP EQUIPMENT EQUITY FUND EXPORTER EXPORTERS EXTERNALITIES FACTORING FEDERAL RESERVE FINANCIAL CONGLOMERATES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL DISTRESS FINANCIAL INFRASTRUCTURES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL RISK FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SUSTAINABILITY FINANCIAL SYSTEM FISCAL POLICIES FLEXIBLE REPAYMENT FOREIGN BANK FOREIGN BANKS GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GLOBALIZATION GOVERNANCE STANDARDS GOVERNMENT BUDGET GOVERNMENT GUARANTEES GOVERNMENT OWNERSHIP GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT SUBSIDIES GUARANTEE FUND HOLDING HOME MORTGAGE HOUSING IMPLICIT GOVERNMENT GUARANTEES INFLATION INFORMATION ASYMMETRIES INFRASTRUCTURE FINANCE INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INSTRUMENT INTANGIBLE INTANGIBLE ASSETS INTEREST RATE INTEREST RATES INTERNAL AUDIT INTERNATIONAL BANK INTERNATIONAL MARKET INTERNATIONAL STANDARDS INTERNATIONAL TRADE INVESTING INVESTMENT OPPORTUNITIES JUDICIAL SYSTEMS LEGAL CONSTRAINTS LEGAL SYSTEMS LENDER LENDER OF LAST RESORT LENDERS LENDING INSTITUTIONS LEVEL OF RISK LEVEL PLAYING FIELD LEVY LIMITED BORROWING CAPACITY LIQUIDATIONS LIQUIDITY LOAN LOAN PORTFOLIO LOAN RATES LOANS TO CUSTOMERS LOCAL GOVERNMENTS LONG-TERM CAPITAL LONG-TERM COST MANDATES MARKET CONDITIONS MARKET DISTORTIONS MARKET FAILURE MARKET FAILURES MARKET SHARE MATURITIES MICRO ENTERPRISE MICRO-FINANCE MICROFINANCE MICROFINANCE INSTITUTIONS MINORITY SHAREHOLDERS MONETARY POLICY NATIONAL TREASURY OPEN MARKET OPPORTUNITY COST PARTIAL CREDIT PLEDGE COLLATERAL POLICY CREDIBILITY POLITICAL RISKS PORTFOLIO PRICE RISK PRICE RISKS PRIVATE BANKS PRIVATE CAPITAL PRIVATE COMMERCIAL BANKS PRIVATE CREDITORS PRIVATE EQUITY PRIVATE FINANCIAL INSTITUTIONS PRIVATE FINANCIAL SECTOR PRIVATE LENDING PRIVATIZATION PROFITABILITY PROVISION OF CREDIT PUBLIC BANK PUBLIC BANKS PUBLIC OFFERINGS RATE OF RETURN REGULATORY FRAMEWORK REPAYMENT RESOURCE ALLOCATION RETURN ON EQUITY RETURNS RISK AVERSION RISK FRONTIER RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SECURITIES SECURITIES ISSUANCE SHAREHOLDER SHAREHOLDERS STATE INTERVENTION STOCK EXCHANGE STUDENT LOANS SUBSIDIARIES SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY BOARD SYSTEMIC RISK TECHNICAL ASSISTANCE TRADE FINANCING TRANSACTION TRANSACTION COSTS TRANSPARENCY TRUST FUND Past performance of development banks, has generally been considered poor and the value of state ownership questioned. There are few institutions that achieve the optimum balance of effectively addressing a policy objective while being financially sustainable. Following the financial crisis, there is a renewed interest in the role development banks can play in weathering the crisis. The purpose of this paper is to highlight the lessons learned following the financial crisis and to present some of the best practices in development banking so that policy makers can be better informed should they be considering how to build strong state financial institutions to address current and future needs in their respective countries. 2012-03-19T18:03:25Z 2012-03-19T18:03:25Z 2011-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110720101855 http://hdl.handle.net/10986/3493 English Policy Research working paper ; no. WPS 5729 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region