Report

El Salvador Financial Sector Assessment Program Development Module : Financial Infrastructure

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collection.link.72
https://openknowledge.worldbank.org/handle/10986/2180
collection.name.72
Financial Sector Assessment Program
dc.contributor.author
World Bank
dc.date.accessioned
2017-03-15T21:48:16Z
dc.date.available
2017-03-15T21:48:16Z
dc.date.issued
2016-11
dc.date.lastModified
2021-05-25T08:58:25Z
dc.description.abstract
This 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.identifier
http://documents.worldbank.org/curated/en/542301487930465946/El-Salvador-Financial-sector-assessment-program-financial-infrastructure
dc.identifier.uri
http://hdl.handle.net/10986/26280
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
FINANCE
dc.subject
MANAGEMENT
dc.subject
REGULATION
dc.subject
financial infrastructure
dc.subject
payments
dc.subject
securities clearance and settlement
dc.subject
legal framework
dc.subject
remittances
dc.subject
MSME
dc.subject
microfinance
dc.title
El Salvador Financial Sector Assessment Program Development Module
en
dc.title.subtitle
Financial Infrastructure
en
dc.type
Report
en
okr.crossref.title
El Salvador Financial Sector Assessment Program Development Module
okr.date.disclosure
2017-02-24
okr.doctype
Economic & Sector Work :: Financial Sector Assessment Program
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/542301487930465946/El-Salvador-Financial-sector-assessment-program-financial-infrastructure
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/26280
okr.identifier.externaldocumentum
090224b084998a93_2_0
okr.identifier.internaldocumentum
27220299
okr.identifier.report
112980
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/542301487930465946/pdf/112980-REPLACEMENT-PUBLIC-El-Salvador-FSAP-DM-TN-Fin-Infrastructure-Public.pdf
en
okr.region.administrative
Latin America & Caribbean
okr.region.country
El Salvador
okr.sector
Finance
okr.theme
Financial and private sector development :: International financial standards and systems
okr.topic
Finance and Financial Sector Development :: Finance and Development
okr.topic
Finance and Financial Sector Development :: Financial Regulation & Supervision
okr.topic
Finance and Financial Sector Development :: Financial Structures
okr.topic
Finance and Financial Sector Development :: Mutual Funds
okr.topic
Finance and Financial Sector Development :: Payment Systems & Infrastructure
okr.unit
Finance and Markets Global Practice; and Latin America and the Caribbean Vice Presidency

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