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El Salvador Financial Sector Assessment Program Development Module: Financial Infrastructure

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dc.contributor.authorWorld Bank
dc.date.accessioned2017-03-15T21:48:16Z
dc.date.available2017-03-15T21:48:16Z
dc.date.issued2016-11
dc.description.abstractThis note was prepared in the context of a World Bank Financial Sector Assessment Program (FSAP) mission in El Salvador in March 2016. Since the last FSAP, the national payments system (NPS) has consolidated and expanded. The real-time gross settlement (RTGS) systems owned and operated by the Banco Central de Reserva de El Salvador (BCR) is the backbone of the NPS and is widely subscribed by both banks and supervised non-bank financial institutions. In 2013, the BCR launched a service for government disbursements called Sistema de Pagos Masivos (SPM). ATM and POS terminal deployment in El Salvador is below the average for the Latin America and the Caribbean, but above the average for lower-middle income countries. Notwithstanding these positive developments, the payments system remains exposed to certain risks and presents areas of inefficiency that the BCR aims to address comprehensively and in stages through a revised national payment system strategy. The note contains technical analysis and detailed information underpinning the FSAP assessment’s findings and recommendations. Further information on the FSAP program can be found at www.worldbank.org/fsap.en
dc.identifierhttp://documents.worldbank.org/curated/en/542301487930465946/El-Salvador-Financial-sector-assessment-program-financial-infrastructure
dc.identifier.doi10.1596/26280
dc.identifier.urihttps://hdl.handle.net/10986/26280
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectFINANCE
dc.subjectMANAGEMENT
dc.subjectREGULATION
dc.subjectfinancial infrastructure
dc.subjectpayments
dc.subjectsecurities clearance and settlement
dc.subjectlegal framework
dc.subjectremittances
dc.subjectMSME
dc.subjectmicrofinance
dc.titleEl Salvador Financial Sector Assessment Program Development Moduleen
dc.title.subtitleFinancial Infrastructureen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleEl Salvador Financial Sector Assessment Program Development Module
okr.date.disclosure2017-02-24
okr.doctypeEconomic & Sector Work::Financial Sector Assessment Program
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/542301487930465946/El-Salvador-Financial-sector-assessment-program-financial-infrastructure
okr.guid542301487930465946
okr.identifier.doi10.1596/26280
okr.identifier.externaldocumentum090224b084998a93_2_0
okr.identifier.internaldocumentum27220299
okr.identifier.report112980
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/542301487930465946/pdf/112980-REPLACEMENT-PUBLIC-El-Salvador-FSAP-DM-TN-Fin-Infrastructure-Public.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryEl Salvador
okr.sectorFinance
okr.themeFinancial and private sector development :: International financial standards and systems
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.topicFinance and Financial Sector Development::Financial Structures
okr.topicFinance and Financial Sector Development::Mutual Funds
okr.topicFinance and Financial Sector Development::Payment Systems & Infrastructure
okr.unitFinance and Markets Global Practice; and Latin America and the Caribbean Vice Presidency
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