| Financier | Commitments |
|---|---|
| IDA Grant | 15.00 |
| Borrower/Recipient | 0.60 |
Ethiopia - Financial Sector Capacity Building Project
Abstract*
The Financial Sector Capacity Building Project for Ethiopia assists in building the foundation for a more transparent, well-governed, well-regulated, and competitive financial sector that allocates resources to the private sector more effectively and efficiently, and helps to ensure better access to finance for all. The project has five components: Component 1 primarily helps strengthen the human and institutional capacity o f the National Bank of... Show More
Development Objective
The project will build the foundation for a more transparent, well-governed, well-regulated, and competitive financial sector that allocates resources to the private sector more effectively and efficiently, and helps ensure better access to finance for all.
Key Details
Project Details
P094704
Closed
Alwaleed Alatabani
N/A
October 6, 2005
(as of board presentation)
June 22, 2006
December 19, 2006
US$ 15.60 million
N/A
2006
US$ 15.00 million
C
Not Applicable
September 30, 2011
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 15.00 |
| IBRD + IDA Commitment | 15.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 15.60 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 22, 2006 | IDA-H2390 | Loan Commitment | 15,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Counterpart Funding | Satisfactory | 2012-01-05 |
| Project Management | Satisfactory | 2012-01-05 |
| Procurement | Satisfactory | 2012-01-05 |
| Progress towards achievement of PDO | Satisfactory | 2012-01-05 |
| Financial Management | Satisfactory | 2012-01-05 |
| Monitoring and Evaluation | Satisfactory | 2012-01-05 |
| Overall Implementation Progress (IP) | Satisfactory | 2012-01-05 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-25-2012 |
|---|---|
| Outcomes | |
| Risk to Development Outcome | Substantial |
| Bank Performance | |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 09-21-2012 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | N/a |
| Risk To Development Outcome | Significant | N/a |
| Bank Performance | Moderately Unsatisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Moderately Unsatisfactory | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Modest | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Soundness: Reduction in commercial bank's NPL ratio from 20% in end 2005/06 to 10% by end 2008/09 Value 20% 5.94% (This ratio does not include NPLs in the DBE 10% Date January 31, 2005 September 19, 2010 December 31, 2008 Comment Effectiveness: Increase in the ratio of financial sector assets to GDP from 126.7% in end 2005/06 to 131.1% by end 2008/09 Value 126.7% No Data Available on this Mission 131.1% Date January 31, 2005 September 19, 2010 December 31, 2008 Comment Private Sector credit to GDP ratio increases from 20% in end 2005/06 to 24.8% by end 2008/09 Value 20% 11% 24.8% Date January 31, 2005 September 19, 2010 December 31, 2008 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
1. Enhanced capacity of NBE to conduct banking and insurance supervision and other central banking functions Value 80% of Basel Core Principles implemented by NBE 90 Partial 100% of Basel Core principles implemented by NBE 3 Date January 31, 2005 September 19, 2010 December 31, 2008 Comment 2. Enhanced Efficiency of financial transactions due to modernization of payments system Value Increase in the ratios of cash in circulation to M 25.2% Regional Clearing Houses in Operation: 1 Increase in the ratios of cash in circulation to M Date January 31, 2005 September 7, 2009 December 31, 2008 Comment 3. Preparation of feasibility studies, provision of training and techncial assistance to support the introduction of new products Value SME Guarantee Facility Study: 0 Agricultural Risk Component restructured out of the project SME Guarantee Facility Study: Completed Agricultur Date January 31, 2005 September 19, 2010 December 31, 2008 Comment 4. Substantial increase in the qaulity and quantity of financial sector professionals in Ethiopia Value Certification Programs for bankers and insurers: 0 Certification Programs for bankers and insurers: 0 Certification Programs for bankers and insurers: N Date January 31, 2005 September 19, 2010 December 31, 2008 Comment