World Bank Lending for Lines of Credit: An IEG EvaluationWorld Bank Publications, 2006 M01 1 - 80 pages This review of World Bank support for lines of credit, channeled through local financial institutions in client countries, finds that the Bank's own guidelines have not been followed and outcomes are poor. |
Common terms and phrases
analysis appendix appraisal assess Background paper Bank funds Bank guidelines Bank Lending Bank staff Bank support Bank’s borrower cancellation rates Central Asia CGAP China closed LOC commitments COMMITTEE ON DEVELOPMENT completion reports coordination countries disbursement rates donors eligibility criteria Enterprise environmental Europe and Central external audits Figure financial institutions financial intermediaries financial sector objectives financial sector reform foreign exchange risk IEG review IEG’s implementation Independent Evaluation Group infrastructure institutional development interest rates investment lending Latin America lending for LOC lines of credit loan portfolio LOC components LOC lending LOC operations LOC outcomes macroeconomic MDBs ment microfinance LOC million Number of LOC onlending OP/BP outcome ratings performance Philippines poor Poverty Reduction Private Sector Development quality assurance quality-at-entry recommendations Region regular LOC repayment rates Rural Finance sample satisfactory outcomes South Asia strategy subborrowers subloans subprojects subsidies tion Tunisia World Bank Group
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Page 54 - Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa...
Page 60 - ... of the government, and some use directed credit to pursue this objective. A Bank FIL may support directed credit...
Page 60 - Group's institutional advice and financial support can appropriately be provided without significant governmental involvement or any governmental guarantee of repayment, IFC normally plays the lead Bank Group role in financial intermediary lending.
Page 2 - The review is organized as follows : chapter 2 reviews the theoretical and empirical literature regarding the existence of constraints on access to credit, particularly for smaller enterprises.
Page 60 - FIs and final borrowers eventually to raise funds from market sources rather than from official lenders.