| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 282.65 |
Financial Sector DPL, Latvia
Abstract*
The development objective of the Financial Sector Development Policy Loan (DPL) Program for Latvia is to ensure long term financial stability. This loan will support crisis management measures and structural reforms to stabilize the financial sector and increase its resilience to future shocks. The Bank is also preparing a social sector DPL that will aim to minimize the social impact of the crisis by ensuring that safeguards are in place to maintain... Show More
Development Objective
The Development Objective of the operation is to ensure long term
financial stability in Latvia.
Key Details
Project Details
P115709
Closed
Andres D. Jaime
N/A
August 26, 2009
(as of board presentation)
September 22, 2009
October 23, 2009
US$ 282.65 million
N/A
2010
US$ 282.65 million
N/A
January 15, 2013
March 24, 2010
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 282.65 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 282.65 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 282.65 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 15, 2013 | IBRD-77970 | Int Charges | 5,444,868.00 |
| Jan 15, 2014 | IBRD-77970 | Int Charges | 5,691,906.00 |
| Sep 22, 2009 | IBRD-77970 | Loan Commitment | 282,649,984.00 |
| Jul 15, 2019 | IBRD-77970 | Int Charges | 471,420.40 |
| Jul 15, 2019 | IBRD-77970 | Loan Repay | 22,556,000.00 |
| Jul 15, 2018 | IBRD-77970 | Int Charges | 1,457,712.20 |
| Jul 15, 2018 | IBRD-77970 | Loan Repay | 23,249,000.00 |
| Jan 15, 2019 | IBRD-77970 | Int Charges | 955,757.00 |
| Jan 15, 2019 | IBRD-77970 | Loan Repay | 22,865,000.00 |
| Jul 15, 2017 | IBRD-77970 | Loan Repay | 22,829,000.00 |
| Jul 15, 2017 | IBRD-77970 | Int Charges | 2,385,630.50 |
| Jan 15, 2018 | IBRD-77970 | Int Charges | 2,049,036.00 |
| Jan 15, 2018 | IBRD-77970 | Loan Repay | 24,510,000.00 |
| Jul 15, 2016 | IBRD-77970 | Loan Repay | 22,274,000.00 |
| Jan 15, 2017 | IBRD-77970 | Int Charges | 2,670,016.80 |
| Jan 15, 2017 | IBRD-77970 | Loan Repay | 21,292,000.00 |
| Jan 15, 2016 | IBRD-77970 | Loan Repay | 21,804,000.00 |
| Jan 15, 2016 | IBRD-77970 | Int Charges | 3,645,628.80 |
| Jul 15, 2016 | IBRD-77970 | Int Charges | 3,258,686.20 |
| Jul 15, 2015 | IBRD-77970 | Int Charges | 4,145,536.00 |
| Jul 15, 2015 | IBRD-77970 | Loan Repay | 22,039,000.00 |
| Jul 15, 2014 | IBRD-77970 | Int Charges | 5,687,308.00 |
| Jan 15, 2015 | IBRD-77970 | Int Charges | 4,888,301.00 |
| Jan 15, 2015 | IBRD-77970 | Loan Repay | 23,389,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Highly Satisfactory | 2010-06-19 |
| Monitoring and Evaluation | Highly Satisfactory | 2010-06-19 |
| Program Management | Highly Satisfactory | 2010-06-19 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-14-2011 |
|---|---|
| Outcomes | Highly Satisfactory |
| Risk to Development Outcome | Substantial |
| Bank Performance | Substantial |
| Borrower Performance | Substantial |
| Government Performance | Substantial |
| Implementing Agency | Substantial |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 08-02-2011 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Highly Satisfactory | N/a |
| Risk To Development Outcome | Significant | 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 | Substantial | N/a |
Results Framework
No data available.