Financial Institutions modernization project

Abstract*

The project supports institution building and reform in Angola's financial system to help stimulate resource mobilization, underpin private investment and promote economic diversification. Specifically, the project will assist in: (i) strengthening the central bank so that it can perform its monetary policy and regulatory functions; (ii) developing banking infrastructure; (iii) improving the legal and regulatory environment for financial operations;... Show More

Development Objective

TECHNICAL ASSISTANCE FOR ESTABLISHMENT OF BANKING SYSTEM AND FORREGULATION AND SUPERVISION OF FINANCIAL SYSTEM

Key Details

Project Details

Project ID
P000044
Status
Closed
Team Leader
Olivier J. Lambert
Borrower 2
N/A

Country
Angola
Disclosure Date
September 3, 1992
Approval Date
(as of board presentation)
September 3, 1992
Effective Date
October 6, 1992

Total Project Cost 1
US$ 21.00 million
Implementing Agency
N/A
Region
Eastern and Southern Africa
Fiscal Year 3
1993

Commitment Amount
US$ 21.00 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
April 30, 2002

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Fiscal Policy12%
- FY17 - Fiscal sustainability4%
- FY17 - Public Expenditure Policy4%
- FY17 - Tax policy4%
FY17 - Macro-financial policies12%
- FY17 - External Finance4%
- FY17 - Macroeconomic Resilience4%
- FY17 - Monetary and Credit Policies4%

FY17 - Finance

FY17 - Financial Infrastructure and Access11%
- FY17 - Credit Infrastructure11%

FY17 - Private Sector Development

FY17 - Business Enabling Environment22%
- FY17 - Regulation and Competition Policy22%
FY17 - Jobs7%
- FY17 - Job Creation7%

FY17 - Public Sector Management

FY17 - Rule of Law22%
- FY17 - Legal Institutions for a Market Economy22%

FY17 - Urban and Rural Development

FY17 - Rural Development7%
- FY17 - Rural Infrastructure and service delivery7%
FY17 - Urban Development7%
- FY17 - Urban Infrastructure and Service Delivery7%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	21.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	21.00
IBRD + IDA Commitment	21.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	21.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Sep 15, 2019	IDA-24210	Loan Repay	1,791.19
Sep 15, 2019	IDA-24210	Loan Repay	801,612.10
Mar 15, 2016	IDA-24210	Int Charges	39,513.62
Mar 15, 2016	IDA-24210	Int Charges	7,892.96
Mar 15, 2016	IDA-24210	Int Charges	7,892.96
Sep 15, 2015	IDA-24210	Int Charges	41,526.91
Sep 15, 2015	IDA-24210	Loan Repay	35,244.84
Sep 15, 2015	IDA-24210	Loan Repay	13,817.79
Sep 15, 2015	IDA-24210	Loan Repay	776,181.44
Sep 15, 2015	IDA-24210	Int Charges	41,526.91
Sep 15, 2016	IDA-24210	Loan Repay	42,787.06
Sep 15, 2016	IDA-24210	Loan Repay	776,495.10
Sep 15, 2016	IDA-24210	Int Charges	39,048.46
Sep 15, 2016	IDA-24210	Int Charges	39,048.46
Sep 15, 2016	IDA-24210	Int Charges	6,384.91
Sep 15, 2016	IDA-24210	Int Charges	6,384.91
Mar 15, 2017	IDA-24210	Int Charges	3,820.47
Mar 15, 2017	IDA-24210	Int Charges	3,820.47
Mar 23, 2018	IDA-24210	Loan Repay	34,103.08
Mar 23, 2018	IDA-24210	Int Charges	20,995.14
Mar 23, 2018	IDA-24210	Int Charges	20,995.14
Mar 15, 2014	IDA-24210	Loan Repay	452,332.80
Mar 15, 2014	IDA-24210	Int Charges	57,381.81
Mar 15, 2014	IDA-24210	Int Charges	57,381.81
Mar 15, 2014	IDA-24210	Int Charges	6,875.79
Mar 15, 2014	IDA-24210	Int Charges	6,875.79
Mar 15, 2014	IDA-24210	Loan Repay	1,346.63
Sep 15, 2013	IDA-24210	Loan Repay	11,376.16
Sep 15, 2013	IDA-24210	Loan Repay	432,986.03
Sep 15, 2013	IDA-24210	Int Charges	56,587.22
Sep 15, 2013	IDA-24210	Int Charges	56,587.22
Mar 15, 2015	IDA-24210	Loan Repay	28,474.21
Mar 15, 2015	IDA-24210	Loan Repay	773,606.80
Mar 15, 2015	IDA-24210	Int Charges	51,132.83
Mar 15, 2015	IDA-24210	Int Charges	51,132.83
Sep 15, 2014	IDA-24210	Int Charges	59,228.45
Sep 15, 2014	IDA-24210	Int Charges	59,228.45
Sep 15, 2014	IDA-24210	Int Charges	5,382.91
Sep 15, 2014	IDA-24210	Int Charges	5,382.91
Sep 15, 2014	IDA-24210	Loan Repay	877,455.90
Mar 15, 2016	IDA-24210	Loan Repay	815,438.25
Mar 15, 2016	IDA-24210	Int Charges	39,513.62
Mar 15, 2022	IDA-24210	Loan Repay	807,007.40
Mar 15, 2022	IDA-24210	Int Charges	12,105.28
Mar 15, 2022	IDA-24210	Int Charges	12,105.28
Mar 15, 2022	IDA-24210	Int Charges	818.67
Mar 15, 2022	IDA-24210	Int Charges	818.67
Sep 15, 2021	IDA-24210	Int Charges	14,797.16
Sep 15, 2021	IDA-24210	Int Charges	14,797.16
Sep 15, 2021	IDA-24210	Loan Repay	830,614.25
Sep 15, 2021	IDA-24210	Loan Repay	3,698.42
Sep 15, 2023	IDA-24210	Int Charges	15.90
Sep 15, 2023	IDA-24210	Int Charges	15.90
Sep 15, 2023	IDA-24210	Int Charges	2,893.30
Sep 15, 2023	IDA-24210	Int Charges	2,893.30
Sep 15, 2023	IDA-24210	Loan Repay	9,089.44
Sep 15, 2023	IDA-24210	Loan Repay	762,456.70
Mar 15, 2023	IDA-24210	Loan Repay	8,519.82
Mar 16, 2023	IDA-24210	Int Charges	5,849.46
Mar 16, 2023	IDA-24210	Int Charges	5,849.46
Mar 16, 2023	IDA-24210	Loan Repay	771,411.80
Sep 15, 2022	IDA-24210	Loan Repay	13,191.64
Sep 15, 2022	IDA-24210	Loan Repay	3,791.56
Sep 15, 2022	IDA-24210	Loan Repay	740,632.40
Sep 15, 2022	IDA-24210	Int Charges	8,523.33
Sep 15, 2022	IDA-24210	Int Charges	8,523.33
Sep 3, 1992	IDA-24210	Loan Commitment	21,000,000.00
Mar 15, 2019	IDA-24210	Int Charges	27,493.96
Mar 15, 2019	IDA-24210	Int Charges	27,493.96
Sep 15, 2019	IDA-24210	Int Charges	24,102.26
Sep 15, 2019	IDA-24210	Int Charges	24,102.26
Mar 15, 2020	IDA-24210	Loan Repay	799,350.44
Mar 15, 2020	IDA-24210	Int Charges	21,166.14
Mar 15, 2020	IDA-24210	Int Charges	21,166.14
Mar 15, 2020	IDA-24210	Loan Repay	6,972.37
Mar 15, 2021	IDA-24210	Int Charges	17,237.75
Mar 15, 2021	IDA-24210	Int Charges	8,094.80
Mar 15, 2021	IDA-24210	Int Charges	8,094.80
Sep 15, 2020	IDA-24210	Loan Repay	1,981.43
Sep 15, 2020	IDA-24210	Loan Repay	48,489.72
Sep 15, 2020	IDA-24210	Int Charges	10,621.26
Sep 15, 2020	IDA-24210	Int Charges	10,621.26
Sep 15, 2020	IDA-24210	Loan Repay	363,947.06
Mar 15, 2021	IDA-24210	Loan Repay	17,449.14
Mar 15, 2021	IDA-24210	Loan Repay	400,432.70
Mar 15, 2021	IDA-24210	Int Charges	17,237.75
Mar 15, 2017	IDA-24210	Loan Repay	789,613.20
Mar 15, 2017	IDA-24210	Int Charges	38,493.80
Mar 15, 2017	IDA-24210	Int Charges	38,493.80
Sep 15, 2017	IDA-24210	Loan Repay	1,017.11
Sep 15, 2017	IDA-24210	Loan Repay	832,014.25
Sep 15, 2017	IDA-24210	Int Charges	17,102.49
Sep 15, 2017	IDA-24210	Int Charges	17,102.49
Sep 15, 2018	IDA-24210	Int Charges	13,621.37
Sep 15, 2018	IDA-24210	Int Charges	13,621.37
Sep 15, 2018	IDA-24210	Loan Repay	820,680.50
Sep 15, 2018	IDA-24210	Int Charges	136.78
Sep 15, 2018	IDA-24210	Int Charges	136.78
Sep 15, 2018	IDA-24210	Int Charges	30,337.74
Sep 15, 2018	IDA-24210	Int Charges	30,337.74
Mar 23, 2018	IDA-24210	Int Charges	20,839.50
Mar 23, 2018	IDA-24210	Int Charges	20,839.50
Mar 23, 2018	IDA-24210	Loan Repay	817,539.44
Mar 15, 2019	IDA-24210	Loan Repay	814,630.90
Mar 15, 2019	IDA-24210	Int Charges	434.72
Mar 15, 2019	IDA-24210	Int Charges	434.72

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 02-13-2003	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome	Not Rated	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Not Rated	N/a

Results Framework

No data available.

Financial Institutions modernization project

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

Detailed Financial Activity as of July 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework