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Financial Institutions Development Technical Assistance Project

Abstract*

The project objective is to facilitate investment and growth in the productive sectors by improving the functioning of the financial system. It aims at strengthening key financial institutions and markets in Madagascar, thereby enhancing public trust in them and enabling them to mobilize savings to meet the investment financing needs of the private sector. The project consists of: (a) restructuring the Central Bank, principally through improvements...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

BUILDING UPON THE NEW FINANCIAL POLICY FRAMEWORK CONSTRUCTED UNDERAPEX I, THE PROJECT FOCUSES ON DEEPENING THE FINANCIAL INTERMEDIA-TION PROCESS THROUGH THE USE OF NEW FINANCIAL INSTRUMENTS TO FURTHERINCREASE SAVINGS MOBILIZATION AND THE PROVISION OF BANKING SERVICES TOPROMOTE IN PARTICULAR EXPORT ACTIVITIES AND LEASING AND HOUSING.

Key Details

Project Details

  • P001550

  • Closed

  • Herminia Martinez

  • N/A

  • Madagascar

  • May 20, 1993

  • (as of board presentation)

    May 20, 1993

  • June 23, 1994

  • US$ 10.40 million

  • B

  • Not Applicable

  • September 30, 1999

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
SWEDEN: Swedish Agency for Int. Tech. and Eco. Corp. 0.50
US: Agency for International Development (USAID) 3.00
SWITZERLAND, Govt. of (Except for FOFEA) 0.60
IDA Credit 6.30

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 6.30
IBRD + IDA Commitment 6.30
Lending Instrument
Grant Amount 4.10
Total Project Cost** 6.30

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

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 20, 1993 IDA-24970 Loan Commitment 6,300,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 05-10-2000PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.