World Bank2012-06-142012-06-142008-08https://hdl.handle.net/10986/8077This Financial Sector Assessment (FSA) is based on the work of the International Monetary Fund (IMF)-World Bank team that visited Botswana in January and March 2007. The principal objectives of the team were to assist the authorities in evaluating the current state of the financial sector and its developmental needs. The team focused on five areas: (i) systemic liquidity and the macro-financial framework; (ii) financial system stability and its resilience to shocks; (iii) the regulatory and supervisory framework for banks, pension funds, insurance companies, and other nonBank financial sectors; (iv) progress in meeting international standards in banking supervision, transparency of monetary and financial policies, payment systems, and antimony laundering and combating the financing of terrorism; and (v) access to and affordability of financial services.en-USCC BY 3.0 IGOACCESS TO FINANCEACCOUNTINGAFFORDABILITYASSET HOLDINGSASSET MANAGEMENTASSET MANAGERSATMATMSBALANCE SHEETSBANK ACCOUNTSBANK ACTIVITIESBANKING CRISESBANKING PRODUCTBANKING PRODUCTSBANKING RELATIONSHIPSBANKING SECTORBANKING SERVICESBANKING SUPERVISIONBANKING SYSTEMBANKSBENEFICIARIESBONDSBRANCH NETWORKBUSINESS DEVELOPMENTBUSINESS PLANSCAPACITY CONSTRAINTSCAPITAL MARKETCAPITAL MARKETSCASH FLOWSCASH MANAGEMENTCELLULAR PHONESCLIENT BASECOLLECTIVE INVESTMENTSCOMMERCIAL BANKCOMMERCIAL BANKSCONSUMERCONSUMER PROTECTIONCONSUMERSCOOPERATIVESCORPORATE CLIENTSCREDIT BUREAUCREDIT GROWTHCREDIT POLICYCREDITSDELIVERY MECHANISMSDEMOGRAPHICDEPOSITDEPOSITSDERIVATIVESDEVELOPMENT BANKDEVELOPMENT BANKSDISBURSEMENTSDIVERSIFICATIONDOMESTIC ECONOMYEARNINGSECONOMIC DEVELOPMENTECONOMIC DOWNTURNEDUCATION PROGRAMENABLING ENVIRONMENTENFORCEMENT POWERSEQUITIESEXCESS LIQUIDITYEXCHANGE RATEEXPOSUREFIDUCIARY RESPONSIBILITIESFINANCIAL CRISISFINANCIAL DISCIPLINEFINANCIAL INFORMATIONFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL LITERACYFINANCIAL LITERACY CAMPAIGNFINANCIAL MANAGEMENTFINANCIAL MARKETFINANCIAL MARKET DEVELOPMENTFINANCIAL POLICIESFINANCIAL POSITIONFINANCIAL REGULATIONFINANCIAL RESOURCESFINANCIAL RISKSFINANCIAL SECTORFINANCIAL SECTOR ASSESSMENTFINANCIAL SECTOR REFORMFINANCIAL SECTOR STRATEGYFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMFINANCIAL SYSTEM STABILITYFISCAL POSITIONFOREIGN ASSETFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN INVESTMENTSFUND ASSETFUND ASSETSFUND MANAGERSGOVERNANCE ISSUESGOVERNMENT BONDSGOVERNMENT SECURITIESGOVERNMENT SUPPORTHEDGE FUNDSHIGH INTEREST RATESHOUSING FINANCEINFLATIONINFORMATION SHARINGINSTITUTIONAL INVESTORSINSTRUMENTINSURANCEINSURANCE COMPANIESINSURANCE INDUSTRYINTEREST EXPENSESINTEREST RATESINTERNATIONAL STANDARDSINVESTMENT INSTRUMENTINVESTMENT VEHICLEISSUANCEKEY CHALLENGELENDERSLIABILITYLIABILITY MANAGEMENTLIQUIDITYLIQUIDITY MANAGEMENTLIQUIDITY POSITIONLOANLOAN PORTFOLIOLOAN SIZESLOAN TERMSMACROECONOMIC STABILITYMARKET INFRASTRUCTUREMARKET PARTICIPANTSMARKET SHAREMEDIUM ENTERPRISEMICROFINANCEMONETARY FUNDMONETARY POLICYMONETARY STABILITYMONEY MARKETMORTGAGEMORTGAGE CREDITMORTGAGE CREDITSMORTGAGESNATIONAL DEVELOPMENTNATIONAL SAVINGSNEW MARKETNEW PRODUCTSOCCUPATIONAL PENSIONOUTPUTOUTREACHOUTSOURCINGPAYMENT SYSTEMPAYMENT SYSTEMSPENSIONPENSION FUNDPENSION FUND ADMINISTRATORSPENSION FUND ASSETPENSION FUND ASSETSPENSION FUND SUPERVISIONPENSION FUNDSPENSION SECTORPENSION SECTORSPENSION SYSTEMPENSIONSPENSIONS INDUSTRYPHONE BANKINGPORTFOLIO CHOICEPORTFOLIO RISKSPORTFOLIOSPRICE DISTORTIONSPRICE STABILITYPRIVATE EQUITIESPRIVATE SECTOR DEVELOPMENTPRIVATIZATIONPRODUCTIVE INVESTMENTSPRUDENTIAL REGULATIONPUBLIC CONFIDENCEPUBLIC EDUCATIONPUBLIC SAVINGSRAPID GROWTHREAL ESTATEREGULATORREGULATORY AGENCYREGULATORY AUTHORITYREGULATORY ENVIRONMENTREGULATORY FRAMEWORKREGULATORY REGIMEREGULATORY STRUCTUREREGULATORY SYSTEMREINSURANCEREPUTATIONRESERVERESPONSIBILITIESRETURNSRETURNS ON EQUITYRISK ASSESSMENTSAFETY NETSSALARYSAVINGSSAVINGS BANKSECURITIESSECURITIES REGULATIONSENIORSHAREHOLDERSSHORT-TERM LIQUIDITYSINGLE ASSETSMALL ENTERPRISESSOCIAL SAFETY NETSSOLVENCYSTAKEHOLDERSSTOCK EXCHANGESUPERVISORY AUTHORITYSUPPORT PROGRAMSSYSTEMIC RISKSTECHNICAL ASSISTANCETERRORISMTRACK RECORDTRADINGTRANSITIONAL ARRANGEMENTSTRANSPARENCYTREASURYTRUSTEETRUSTEESUNEMPLOYEDUNREALISTIC EXPECTATIONSWITHDRAWALWorld Bank10.1596/8077