Annex Ii. List of Financial Inclusion Data Collection Efforts at Country Level (As of June 2010)

Total Page:16

File Type:pdf, Size:1020Kb

Annex Ii. List of Financial Inclusion Data Collection Efforts at Country Level (As of June 2010) ANNEX II. LIST OF FINANCIAL INCLUSION DATA COLLECTION EFFORTS AT COUNTRY LEVEL (AS OF JUNE 2010) Country Responding Institution Departments Consulted (if any) AIA Anguilla Eastern Caribbean Central Bank Bank Supervision, Statistics HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No ARE United Arab Central Bank of the UAE Banking Supervision and Examination Department Emirates HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No ARG Argentina Banco Central de la República Argentina Research Management and Policy Planning (BCRA) HH Survey & Frequency Yes—Semiannual, quarterly, or every two years Agency for HH Survey National Institute of Statistics and Censuses (INDEC)— semiannual or quarterly. BCRA—Every two years Firm Survey & Frequency Yes—Every two years Agency for Firm Survey BCRA—Every two years. Secretariat for Small and Medium Enterprises, and Regional Development (SEPYME)—Map SME—quarterly Institutions Survey & Frequency Yes—Annual, every two years Agency for Institutions Survey BCRA Reporting System—Periodic reports. BCRA—Survey of financial institutions—every two years. ARM Armenia Central Bank of Armenia Financial System Policy and Financial Stability department HH Survey & Frequency Yes—Irregular Agency for HH Survey USAID Financial Sector Deepening Project—Assess public awareness, literacy, confidence, access, and usage of financial services, 2007–2008 Firm Survey & Frequency No Institutions Survey & Frequency No ATG Antigua and Eastern Caribbean Central Bank Bank Supervision, Statistics Barbuda HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No 1 Country Responding Institution Departments Consulted (if any) AUS Australia Australian Prudential Regulation ASIC Authority HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No AUT Austria Financial Market Authority HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No AZE Azerbaijan Central Bank of the Republic of Banking Supervision Azerbaijan HH Survey & Frequency Yes—Irregular Agency for HH Survey CBA, Research and Statistics Department. Azerbaijan Micro- finance Association Firm Survey & Frequency Yes—Irregular Agency for Firm Survey Different agencies Institutions Survey & Frequency Yes—Irregular Agency for Institutions Survey CBA, Research and Statistics Department BEL Belgium Comission Bancaire Financiere et des Assurances HH Survey & Frequency Yes Agency for HH Survey SPF Economie Firm Survey & Frequency Yes Agency for Firm Survey CEFIP (centre d'étude sur l'accès au financement des PME) et Banque Nationale (BNB) Institutions Survey & Frequency Yes Agency for Institutions Survey Banque nationale (BNB) BGR Bulgaria Bulgarian National Bank International Relations, Statistics, Payment Systems Oversight HH Survey & Frequency Yes Agency for HH Survey National Statistical Institute (monthly surveys on household income, expenditures, and consumption) Firm Survey & Frequency Yes—Annual Agency for Firm Survey Bulgarian Small and Medium Enterprises Promotion Agency (annual reports review SME access to finance, among other issues, based on survey data) Institutions Survey & Frequency Yes Agency for Institutions Survey Bulgarian National Bank (quarterly surveys on bank lending practices, monthly statistics on the financial soundness of banks) 2 Country Responding Institution Departments Consulted (if any) CAN Canada Office of the Superintendent of Financial Finance Canada Institutions HH Survey & Frequency Yes—Irregular Agency for HH Survey Statistics Canada Firm Survey & Frequency Yes—Annual Agency for Firm Survey Statistics Canada Institutions Survey & Frequency Yes—Annual Agency for Institutions Survey Statistics Canada, Bank of Canada CHE Switzerland Swiss Financial Market Supervisory Authority (FINMA) HH Survey & Frequency No Firm Survey & Frequency Yes—Annual Agency for Firm Survey The KOF of ETH Zurich—Regular surveys on the macroeconomic environment including loan access by enterprises Institutions Survey & Frequency Yes—Annual CHL Chile Superintendencia de Bancos e Department of Research and Public Relations Instituciones financieras HH Survey & Frequency Yes—Irregular Agency for HH Survey Banco Central de Chile—Household Financial Survey Firm Survey & Frequency Yes—Annual Agency for Firm Survey National Institute of Statistics (INE)—Annual National Industrial Survey (ENIA) Institutions Survey & Frequency Yes—Annual Agency for Institutions Survey Banco Central de Chile—Annual Bank Lending Survey COL Colombia Superintendencia Financiera de Analysis and Information Subdivision, Department of Colombia Research and Development—Policy Coordination Subdivision HH Survey & Frequency Yes—Three or more years Agency for HH Survey National Bureau of statistics Firm Survey & Frequency Yes—Annual Agency for Firm Survey Association of Banks and Financial Institutions of Colombia, National Association of Financial Institutions Institutions Survey & Frequency Yes—Annual Agency for Institutions Survey By Form No. 398 ―Correspondents and Banca de las Oportunidades,‖ the Superintendency requested credit institutions to collect data at municipality level on services provided through correspondents and offices 3 Country Responding Institution Departments Consulted (if any) CPV Cape Verde Banco de Cabo Verde (Central Bank of Department of Supervision and Financial System Cape Verde) Stability HH Survey & Frequency Yes Agency for HH Survey National Institute of Statistics—INE Firm Survey & Frequency Yes Agency for Firm Survey National Institute of Statistics—INE Institutions Survey & Frequency Yes—Irregular Agency for Institutions Survey BCV CRI Costa Rica Superintendencia General de Entidades Standards, Technical Services Financieras HH Survey & Frequency Yes—Irregular Agency for HH Survey General Directorate of Statistics and Censuses Firm Survey & Frequency No Institutions Survey & Frequency No CZE Czech Republic Czech National Bank Financial Market Regulation and Analyses Department., Consumer protection Department., and Czech Financial Arbitrator HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No DEU Germany Deutsche Bundesbank Statistics and Banking Supervision Department HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No DMA Dominica Eastern Caribbean Central Bank Bank Supervision, Statistics HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No DNK Denmark Danish Financial Supervisory Authority Banking Analysis Division HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No DOM Dominican Superintendencia de Bancos de la Risk Management and Research, Consumer Protection, Republic República Dominicana Standards HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No 4 Country Responding Institution Departments Consulted (if any) DZA Algeria Conseil de la Monnaie et du Crédit— Directorate General for Research Autorité monétaire HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No ECU Ecuador Superintendenta de Bancos y Seguros del National Bureau of Research Ecuador HH Survey & Frequency Yes—Three or more years Agency for HH Survey National Institute of Statistics and Censuses (National Household Income and Expenditure Survey of Urban Households, Survey of Living Conditions) Firm Survey & Frequency Yes—Irregular Agency for Firm Survey Red Financiera Rural Institutions Survey & Frequency Yes—Annual Agency for Institutions Survey Selected financial institutions ESP Spain Banco de España Financial Institutions Department, Monetary and Financial Statistics Department, Claims Service HH Survey & Frequency Yes—Three or more years Agency for HH Survey Banco de España Firm Survey & Frequency Yes—Annual Agency for Firm Survey Chamber of Commerce Institutions Survey & Frequency Yes Agency for Institutions Survey Eurosystem EST Estonia Bank of Estonia Financial Stability Department HH Survey & Frequency No Firm Survey & Frequency No Institutions Survey & Frequency No ETH Ethiopia National Bank of Ethiopia Bank Supervision Directorate and Microfinance Institutions Supervision Directorate HH Survey & Frequency Yes—Irregular Agency for HH Survey Statistical Agency of Ethiopia Firm Survey & Frequency Yes—Irregular Agency for Firm Survey Statistical Agency of Ethiopia & Association of Ethiopian Microfinance Institutions Institutions Survey & Frequency Yes—Irregular Agency for Institutions Survey Statistical Agency of Ethiopia & Association of Ethiopian Microfinance Institutions FIN Finland Finnish Financial Supervisory Authority Conduct of Business Department, Institutional (FIN-FSA) Supervision Department, General Secretariat HH Survey & Frequency Yes—Annual 5 Country Responding Institution Departments Consulted (if any) FIN (continued) Finnish Financial Supervisory Authority Conduct of Business Department, Institutional (FIN-FSA) Supervision Department, General Secretariat Agency for HH Survey Federation of Finnish Financial Services Firm Survey & Frequency No Institutions Survey & Frequency Yes—Annual Agency for Institutions Survey FIN-FSA FRA France Commission bancaire—Autorité de SGCB, DECEI, DSPM Contrôle Purdentiel-Banque de France HH Survey & Frequency Yes—Every two years Agency for HH Survey Financial Sector Advisory Committee at the Banque de France Firm Survey & Frequency No Institutions Survey & Frequency No GBR
Recommended publications
  • Lesotho Lesotho
    74 – Lesotho Lesotho 2006 At a Glance Population (mn) 1.8 Population Growth (annual %) -0.2 Official Language (s) English/Sesotho Currency Loti (LSL) GDP (Current US$ bn) 1.4 GDP Growth (annual %) 1.6 GDP Per Capita (US$) 806 FDI, net inflows (US$ mn) (2005) 47 External Debt (US$ mn) 700 External Debt/GDP (%) 46.6 CPI Inflation (annual %) 4.5 Exports of goods and services (% of GDP) 41.8 Sovereign Ratings Gross Official Reserves (US$ bn) 0.591 Long Local Foreign Term Currency Currency Gross Official Reserves (in month of imports) 5.3 UNDP HDI RANKing 149 Fitch BB+ BB– Source: AfDB, IMF, UNCTAD, UNDP, UN Population Division 1. Overview of Financial System on treasury bills have moved downward, influenced The Central Bank of Lesotho, (CBL), known until 1982 by the fall in the government borrowing requirement, as the Lesotho Monetary Authority, is charged with and interest rate spreads relative to South Africa have the principal objective to achieve and maintain price narrowed. stability in the financial system. Lesotho is a member Lesotho’s debt indicators have improved markedly. of the Common Monetary Area (CMA) through a With the strengthening of its fiscal position, the trilateral Agreement between South Africa, Swaziland Government reduced the stock of outstanding L and recently Namibia. The CMA replaced the Rand treasury bills from 17% of GDP in 2002/03 to 8% Monetary Area in 1986, accommodating changes in in 2005. Lesotho’s external public debt as a share of the position of Swaziland. While South Africa GDP has also been steadily declining.
    [Show full text]
  • Syria and Repealing Decision 2011/782/CFSP
    30.11.2012 EN Official Journal of the European Union L 330/21 DECISIONS COUNCIL DECISION 2012/739/CFSP of 29 November 2012 concerning restrictive measures against Syria and repealing Decision 2011/782/CFSP THE COUNCIL OF THE EUROPEAN UNION, internal repression or for the manufacture and maintenance of products which could be used for internal repression, to Syria by nationals of Member States or from the territories of Having regard to the Treaty on European Union, and in Member States or using their flag vessels or aircraft, shall be particular Article 29 thereof, prohibited, whether originating or not in their territories. Whereas: The Union shall take the necessary measures in order to determine the relevant items to be covered by this paragraph. (1) On 1 December 2011, the Council adopted Decision 2011/782/CFSP concerning restrictive measures against Syria ( 1 ). 3. It shall be prohibited to: (2) On the basis of a review of Decision 2011/782/CFSP, the (a) provide, directly or indirectly, technical assistance, brokering Council has concluded that the restrictive measures services or other services related to the items referred to in should be renewed until 1 March 2013. paragraphs 1 and 2 or related to the provision, manu­ facture, maintenance and use of such items, to any natural or legal person, entity or body in, or for use in, (3) Furthermore, it is necessary to update the list of persons Syria; and entities subject to restrictive measures as set out in Annex I to Decision 2011/782/CFSP. (b) provide, directly or indirectly, financing or financial assistance related to the items referred to in paragraphs 1 (4) For the sake of clarity, the measures imposed under and 2, including in particular grants, loans and export credit Decision 2011/273/CFSP should be integrated into a insurance, as well as insurance and reinsurance, for any sale, single legal instrument.
    [Show full text]
  • Central Bank of Sudan 58Th ANNUAL REPORT 2018
    بسم الله الرحمن الرحيم Central Bank of Sudan 58th ANNUAL REPORT 2018 Website: http://www.cbos.gov.sd In the Name of Allah The Most Gracious, the Most Merciful We are pleased to present the 58th annual report of Central Bank of Sudan, which explains the latest developments in the Sudanese economy during the year 2018. The report contains ten chapters, the first is a summary of global and regional economic developments, while the remaining chapters indicate the performance of the domestic economy including: monetary and banking sector, the financial sector, the real sector, government and the external sector (foreign trade and balance of payments). On behalf of the Central Bank of Sudan I would like to express my thanks and gratitude to the Ministries, Institutions and Government Units for their cooperation in providing the necessary data and information for preparing this report. Also I would like to thank the Board of Directors of the Central Bank of Sudan and the committee entitled to review this report, and those who contributed or exert an effort in preparing it. We hope that this report will meet the needs and requirements of all the concerned parties, researchers and academies, beside the specialist on economic, financial and banking affairs from the local, regional and international institutions. Hussein Yahia Jangou Chairman of the Board of Directors And Governor of the Central Bank of Sudan BOARD of DIRECTORS Of the CENTRAL BANK of SUDAN by end of year 2018 Dr. Mohamed Khair Elziber Governor and Chairman of the Board of directors Mr. Musaad Mohamed Ahmed First Deputy Governor and Member of the Board Mr.
    [Show full text]
  • How Over-Compliance Limits Humanitarian Work on Syria Challenges of Fund Transfer for Non-Profit Organizations Working on Syria
    Invisible Sanctions: How over-compliance limits humanitarian work on Syria Challenges of Fund Transfer for Non-Profit Organizations Working on Syria 1 Invisible Sanctions: How over-compliance limits humanitarian work on Syria Challenges of Fund Transfer for Non-Profit Organizations Working on Syria Principal Researcher: Dr. Joseph Daher Review and editing: Dr. Erica Moret IMPACT - Civil Society Research and Development e.V. Principal Researcher: Dr. Joseph Daher Review and editing: Dr. Erica Moret Graphic Design: Tammam Al-Omar Published by: IMPACT - Civil Society Research and Development e.V Keithstraße 10 , 10787 Berlin Not for Sale. IMPACT e.V - ©2020 All rights reserved, no part of this publication can be printed, reissued or used in any shape or form without the publisher’s prior written consent. The views and opinions expressed in this report are the authors’ own and do not necessarily reflect those of IMPACT e.V . Despite going to great lengths to verify the authenticity of the information contained in this report, IMPACT e.V cannot guarantee their total impartiality. Table of Contents Acknowledgement ................................................................................................................................... 2 Executive summary and Main Findings of the Research ............................................................................ 3 Added value to the literature ................................................................................................................... 4 Recommendations ..................................................................................................................................
    [Show full text]
  • 1 Executive Summary Mauritius Is an Upper Middle-Income Island Nation
    Executive Summary Mauritius is an upper middle-income island nation of 1.2 million people and one of the most competitive, stable, and successful economies in Africa, with a Gross Domestic Product (GDP) of USD 11.9 billion and per capita GDP of over USD 9,000. Mauritius’ small land area of only 2,040 square kilometers understates its importance to the Indian Ocean region as it controls an Exclusive Economic Zone of more than 2 million square kilometers, one of the largest in the world. Emerging from the British colonial period in 1968 with a monoculture economy based on sugar production, Mauritius has since successfully diversified its economy into manufacturing and services, with a vibrant export sector focused on textiles, apparel, and jewelry as well as a growing, modern, and well-regulated offshore financial sector. Recently, the government of Mauritius has focused its attention on opportunities in three areas: serving as a platform for investment into Africa, moving the country towards renewable sources of energy, and developing economic activity related to the country’s vast oceanic resources. Mauritius actively seeks investment and seeks to service investment in the region, having signed more than forty Double Taxation Avoidance Agreements and maintaining a legal and regulatory framework that keeps Mauritius highly-ranked on “ease of doing business” and good governance indices. 1. Openness To, and Restrictions Upon, Foreign Investment Attitude Toward FDI Mauritius actively seeks and prides itself on being open to foreign investment. According to the World Bank report “Investing Across Borders,” Mauritius has one of the world’s most open economies to foreign ownership and is one of the highest recipients of FDI per capita.
    [Show full text]
  • Introduction
    SUMMARY REPORT On Implementation of RA Government Anti-crisis Action Plan Introduction 1. The Republic of Armenia was able to withstand the first tide of the global financial and economic crisis firstly thanks to efficacious financial control leading to historically high financial system stability indicators and, secondly due to the lack of “hot” money in Armenia’s financial sector. Besides, domestic financial markets did not maintain too strong ties with global sub-prime markets. In particular, unlike developed economies, Armenia’s banking and financial institutions escaped panic with relatively low demand for liquidity. While GDP growth was below target in 2008, there was a 6.8% growth recorded in the same period against a 5% average for the CIS countries. Note that Armenia is ahead of Russia (5.6%) and Ukraine (2.1%) as for economic performance indicators. 2. Nevertheless, like many other countries, Armenia was not spared by the crisis, with the bulk of its impact coming down on the real sector which experienced some downward tendency. This was chiefly conditioned by the following factors: · Reduced remittances from abroad · Lower raw material and mineral ore prices on the global markets · Lower demand for Armenian commodity and service exports due to curbed global demand · Shrinking influx of investment into Armenia due to the lack of liquidity in the global economy. 3. Falling real estate prices on the global markets led to diminished interest for domestic immovable assets. This, coupled with (or conditioned by) reduced investment, ended by freezing the main driving force of Armenia’s economics – the building sector. Inferior household income and altered consumer behavior, on the one hand and reduced foreign demand on domestic goods and services, on the other hand, resulted in less activity in number of economic branches in Armenia.
    [Show full text]
  • American University of Armenia the Impact Of
    AMERICAN UNIVERSITY OF ARMENIA THE IMPACT OF DIASPORA AND DUAL CITIZENSHIP POLICY ON THE STATECRAFT PROCESS IN THE REPUBLIC OF ARMENIA A MASTER’S ESSAY SUBMITTED TO THE FACULTY OF THE GRADUATE SCHOOL OF POLITICAL SCIENCE AND INTERNATIONAL AFFAIRS FOR PARTIAL FULFILLMENT OF THE DEGREE OF MASTER OF ARTS BY ARLETTE AVAKIAN YEREVAN, ARMENIA May 2008 SIGNATURE PAGE ___________________________________________________________________________ Faculty Advisor Date ___________________________________________________________________________ Dean Date AMERICAN UNIVERSITY OF ARMENIA May 2008 2 ACKNOWLEDGMENTS The work on my Master’s Essay was empowered and facilitated by the effort of several people. I would like to express my deep gratitude to my faculty adviser Mr. Vigen Sargsyan for his professional approach in advising and revising this Master’s Essay during the whole process of its development. Mr. Sargsyan’s high professional and human qualities were accompanying me along this way and helping me to finish the work I had undertaken. My special respect and appreciation to Dr. Lucig Danielian, Dean of School of Political Science and International Affairs, who had enormous impact on my professional development as a graduate student of AUA. I would like to thank all those organizations, political parties and individuals whom I benefited considerably. They greatly provided me with the information imperative for the realization of the goals of the study. Among them are the ROA Ministry of Foreign Affairs, Armenian Assembly of America Armenia Headquarter, Head Office of the Hay Dat (Armenian Cause) especially fruitful interview with the International Secretariat of the Armenian Revolutionary Federation Bureau in Yerevan, Tufenkian Foundation, Mr. Ralph Yirikyan, the General Manager of Viva Cell Company, Mr.
    [Show full text]
  • Bank of Namibia Quarterly Bulletin September 2000
    BANK OF NAMIBIA BANK OF NAMIBIA QUARTERLY BULLETIN SEPTEMBER 2000 VOLUME 9 No. 3 Registered Office 71 Robert Mugabe Avenue P.O. Box 2882 Windhoek Namibia i QUARTERLY BULLETIN Published by the Research Department of the Bank of Namibia. Any enquiries should be directed to: The Head of Research Department P.O. Box 2882 WINDHOEK NAMIBIA Te l : +264 61 283 5111 Fax: +264 61 283 5231 e-mail: [email protected] ii BANK OF NAMIBIA Bank of Namibia Corporate Charter MISSION The mission of the Bank of Namibia is to promote monetary and financial stability in the interest of the Nation s sustainable economic growth and development. VISION Our vision is to be a centre of excellence - a professional and credible institution, a leader in the areas of economics, banking and finance, driven by competent and dedicated staff. VALUES We are committed to service excellence. We uphold integrity, impartiality, open communication and transparency. We care for our staff, their well being and their contribution to the organisation. We value teamwork. iii QUARTERLY BULLETIN NAMIBIAN ECONOMIC INDICATORS 1992 1993 1994 1995 1996 1997 1998 1999 Economic Indicators Population (Millions) 1.4 1.49 1.54 1.59 1.64 1.69 1.75 1.8 Namibia Dollar per US Dollar 2.85 3.26 3.55 3.63 4.27 4.60 5.49 6.11 Gini Coefficient 0.7 0.7 0.7 Real Sector GDP (N$ mil.) (current prices) 8050 8587 10576 11694 13421 14901 16826 18737 % Change 6.7 23.2 10.6 14.8 11.0 12.9 11.4 GDP (N$ mil) (constant prices) 7017 6897 7335 7607 7770 7975 8165 8410 % Change -1.7 6.4 3.7 2.1 2.6 2.4 3.0 GDP per
    [Show full text]
  • Papua New Guinea Economic Update: Slower Growth, Better Prospects
    WORLD BANK GROUP PAPUA NEW GUINEA ECONOMIC UPDATE JANUARY 2019 Slower Growth, Public Disclosure Authorized Better Prospects Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized PAPUA NEW GUINEA ECONOMIC UPDATE Slower Growth, Better Prospects January 2019 Preface and Acknowledgements This publication is the second in a new series of Papua New Guinea Economic Updates (PNG EU). It has two principle aims. First, it analyzes the key recent developments in Papua New Guinea’s economy and places these in a longer-term and global context. Based on these developments, and recent policy changes, the PNG EU updates the outlook for Papua New Guinea’s economy and the welfare of its citizens. Second, the PNG EU provides a more in-depth examination of a selected development issue and evaluates the implications of recent trends and policy reforms in terms of the government’s stated development objectives. It is intended for a wide audience, including policymakers, business leaders, and the community of analysts and professionals engaged in Papua New Guinea’s evolving economy. The PNG EU is compiled by the Macroeconomics, Trade and Investment Global Practice, under the guidance of Michel Kerf (Country Director), John Panzer (Practice Director), Ndiame Diop (Practice Manager), and Patricia Veevers-Carter (Country Manager). The core project team comprises Ilyas Sarsenov, Andrew Blackman, and Anthony Obeyesekere. The special focus section is based on the Papua New Guinea Systematic Country Diagnostic prepared by Chandana Kularatne, Manohar Sharma, Daniel Street, and Anthony Obeyesekere. Administrative support is provided by Michelle Lee, Rachel Leka, and Angela Oswyn. Bronwen Brown edited the text.
    [Show full text]
  • R Basant Roi: Bank of Mauritius' New Headquarters
    R Basant Roi: Bank of Mauritius’ new headquarters Address by Mr R Basant Roi, Governor of the Bank of Mauritius, at the inauguration of the New Headquarters Building of the Bank of Mauritius, Port Louis, 18 December 2006. * * * Dr. The Hon. Navinchandra Ramgoolam, Prime Minister of the Republic of Mauritius Honourable Ramakrishna Sithanen, Deputy Prime Minister, Minister of Finance and Economic Development His Lordship Mayor of Port Louis Hon. Judges Members of the Diplomatic Corps Fellow Bankers Ladies and Gentlemen Good Afternoon I am pleased to welcome you all to the inauguration of the New Headquarters Building of the Bank of Mauritius. I am privileged and honoured to perform this inaugural ceremony in your distinguished presence, Prime Minister, Sir – a ceremony that is similar to the one performed by the first Governor of the Bank, Mr. Aunauth Beejadhur, for the existing building in the presence of His Excellency, Sir John Shaw Rennie, Governor of Mauritius and late Sir Seewoosagur Ramgoolam, then Premier and Minister of Finance on 31st May 1967. One of the major constraints in the operation of the Bank when it was established way back in 1967 was insufficient office space. The offices of the Bank were located at various places in Port Louis. Security vault for notes and coins was located at the back of the Treasury building, Exchange Control at the entrance of the present Government Centre and Main Office at the Anglo Mauritius Building. In August 1968, a banking office was opened at the Treasury Building to accommodate the increasing volume of banking business. The existing Bank of Mauritius building at the corner of Sir William Newton St and Royal Road was designed by Messrs Victor Heal and Partners of London.
    [Show full text]
  • Inform Reforms to Increase Access to Credit for Private Sector (Lead Expert)
    REQUEST FOR EXPRESSIONS OF INTEREST AFRICAN DEVELOPMENT BANK REGIONAL DEVELOPMENT AND BUSINESS DELIVERY OFFICE, EAST AFRICA (RDGE) Khushee Tower, Longonot Road, Upper Hill P. O. Box 4861 - 00200, Nairobi, Kenya.tel: (+254-20) 2998352 Fax: (+254-20) 271 2938 Website: www.afdb.org; E-mail: [email protected] and [email protected]. Brief Description of the assignment; FINANCIAL SECTOR DIAGNOSTIC STUDY TO INFORM REFORMS TO INCREASE ACCESS TO CREDIT FOR PRIVATE SECTOR (LEAD EXPERT) Place of assignment: Khartoum, Sudan and partly virtual Period of assignment: November 2020 – May 2021 Expected start date of the assignment: November 2020 Last date for expressing interest: 27th November 2020 Expression of interest to be submitted to: [email protected] and copy [email protected] Any questions/ clarifications needed to be addressed to: [email protected] and [email protected] Further details are as below. TERMS OF REFERENCE (TOR) – FINANCIAL SECTOR DIAGNOSTIC STUDY TO INFORM REFORMS TO INCREASE ACCESS TO CREDIT FOR PRIVATE SECTOR GENERAL INFORMATION Services/Work Description: Sudan – Conduct a financial Sector assessment to inform reforms necessary to expand access to credit for the private sector, notably business enterprises affected by the COVID-19 crisis. 1 Type of the Contract: Individual Consultants (one international-team leader and one national) Expected Duration: not exceeding 6 months Expected Start Date: November 2020 I. BACKGROUND Updates on recent economic developments The Sudanese macroeconomic environment is extremely challenging. Due to the secession of South Sudan in 2011, the country lost a significant part of its export’s earnings. As a result, fiscal revenues and foreign exchange earnings dwindled.
    [Show full text]
  • Meir Sokoler: the Time Has Come for a New Bank of Israel Law (Central
    Meir Sokoler: The time has come for a new Bank of Israel law Lecture by Dr Meir Sokoler, Acting Governor of the Bank of Israel, at the scholarships award ceremony at the Technion, Haifa, 17 March 2005. * * * First, I would like to thank you for inviting me to address such a distinguished gathering in such an eminent institution as the Technion. Many years ago I was a student of economics here, and I remember the excellent students of this august institute and the wonderful experience of outstanding instruction I received. I am sure that you have all heard of the Bank of Israel, the country's central bank. It appears, however, that many Israelis do not know much about it, apart from the fact that it prints Israel's money. A few months ago a 6-year-old from an Israeli primary school wrote to the Governor. In the carefully drafted letters of a child who had just learnt how to write, he asked: "Mr. Governor of the Bank of Israel, I heard that you in the Bank of Israel print the country's money. Why don't you print more money so that there won't be any more poor people, and there will be more roads and schools?" It might seem natural that such a young child would not know the answer to the question, but it transpires that many citizens, adults as well as children, ask us the same question in one form or another. At first glance the question seems to be justified. You might think that operating the banknote printing machines for a few more hours would solve all the economy's problems.
    [Show full text]