The exposure of African financial sectors to global risks, including the likely fall-out of the on-going European debt crisis, continues to be limited. African financial sectors have received much recognition for their steady growth performance and resilience during and after the 2008 global...

There has been significant development of Mali's banking sector in recent years, but it remains shallow, and access to banking services is limited. With the opening of a new bank in 2014, there are now 14 commercial banks operating in Mali. There has been a positive evolution of the banking...

The objective of the reforms is to improve the capacity of financial institutions to serve the needs of economic agents and the population at large. In Cote d'Ivoire, downsizing, reorganization and (as required) privatization and liquidation of key banks and insurance companies, in the early...

This study seeks to evaluate present levels of access to financial services, and government policies adopted which impact upon access. Based on these findings, it explores options for increased future access to financial services in Brazil. The first section highlights the core conclusions to...

This report is a full assessment of Brazil's compliance with the Insurance Core Principles (ICPs) of the International Association of Insurance Supervisors (IAIS), as adopted in October 2011. Regulation and supervision of the insurance industry in Brazil is largely the responsibility of the...

The Bank of Lithuania (BoL), the Central Bank, was established in 1990. BoL has the exclusive right to grant and revoke licenses to local and foreign banks and to supervise their activities. Private commercial banking boomed from 1991 to 1994 while bank regulation was lax. In late 1995, a bank...