Financial sector stability DPC2

Abstract*

The program development objective of the Second Post Disaster Financial Sector Stability Development Policy Credit Project for Nepal is to support the medium-term reform program for the financial sector initiated by the Nepalese authorities to reduce the vulnerability of the banking sector and increase its transparency. The present operation is also intended to provide emergency support to the Government of Nepal (GoN) following the April 25 earthquake... Show More

Development Objective

The development objectives of the proposed credit are to support the financial sector medium-term reform program initiated by the Nepalese authorities to reduce the vulnerability of the banking sector and increase its transparency Although this operation was designed prior to the April 2015 earthquake, the magnitude of the devastation that ensued, as well as the heightened vulnerabilities of the financial sector as a result of the disaster, have resulted in an additional objective which is to provide the GoN with much needed short term financial support to expedite and scale up relief and recovery efforts while mitigating new emerging financial sector weaknesses and allowing it to play its role in the broader post-disaster recovery effort

Key Details

Project Details

Project ID
P133777
Status
Closed
Team Leader
Gabi Afram
Borrower 2
Ministry of Finance

Country
Nepal
Disclosure Date
June 29, 2015
Approval Date
(as of board presentation)
June 29, 2015
Effective Date
September 30, 2015

Total Project Cost 1
US$ 100.00 million
Implementing Agency
N/A
Region
South Asia
Fiscal Year 3
2015

Commitment Amount
US$ 100.00 million
Environmental Category
N/A
Last Update Date
May 27, 2021
Closing Date
December 31, 2015

Last Stage Reached
BANK APPROVED

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 - Finance

FY17 - Financial Stability81%
- FY17 - Financial Sector Integrity13%
- FY17 - Financial Sector oversight and policy/banking regulation & restructuring68%

FY17 - Public Sector Management

FY17 - Public Administration20%
- FY17 - State-owned Enterprise Reform and Privatization15%
- FY17 - Transparency, Accountability and Good Governance5%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	100.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	100.00
IBRD + IDA Commitment	100.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	100.00

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

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 15, 2016	IDA-57010	Int Charges	361,740.60
Dec 15, 2016	IDA-57010	Int Charges	361,740.60
Dec 15, 2016	IDA-57010	Int Charges	182.53
Dec 15, 2016	IDA-57010	Int Charges	182.53
Jun 15, 2016	IDA-57010	Int Charges	54,842.19
Jun 15, 2016	IDA-57010	Int Charges	54,842.19
Jun 15, 2016	IDA-57010	Int Charges	379,485.12
Jun 15, 2016	IDA-57010	Int Charges	379,485.12
Nov 19, 2015	IDA-57010	Loan Disb	99,422,640.00
Jun 15, 2024	IDA-57010	Int Charges	41,807.54
Jun 15, 2024	IDA-57010	Int Charges	41,807.54
Jun 15, 2024	IDA-57010	Loan Repay	1,482,322.50
Jun 29, 2015	IDA-57010	Loan Commitment	100,000,000.00
Jun 15, 2024	IDA-57010	Int Charges	326,206.78
Jun 15, 2024	IDA-57010	Int Charges	326,206.78
Jun 15, 2023	IDA-57010	Int Charges	75,520.37
Jun 15, 2023	IDA-57010	Int Charges	75,520.37
Jun 15, 2023	IDA-57010	Loan Repay	1,501,458.80
Jun 15, 2023	IDA-57010	Int Charges	343,458.66
Jun 15, 2023	IDA-57010	Int Charges	343,458.66
Dec 15, 2023	IDA-57010	Int Charges	296,844.75
Dec 15, 2023	IDA-57010	Int Charges	296,844.75
Dec 15, 2023	IDA-57010	Loan Repay	28,721.02
Dec 15, 2023	IDA-57010	Loan Repay	1,479,667.80
Dec 15, 2021	IDA-57010	Int Charges	377,065.80
Dec 15, 2021	IDA-57010	Int Charges	377,065.80
Dec 15, 2022	IDA-57010	Loan Repay	48,093.22
Dec 15, 2022	IDA-57010	Loan Repay	1,449,068.00
Dec 15, 2022	IDA-57010	Int Charges	272,785.78
Dec 15, 2022	IDA-57010	Int Charges	272,785.78
Dec 15, 2021	IDA-57010	Int Charges	2,820.79
Dec 15, 2021	IDA-57010	Int Charges	2,820.79
Dec 15, 2021	IDA-57010	Loan Repay	1,571,107.50
Jun 15, 2022	IDA-57010	Loan Repay	1,476,867.20
Jun 15, 2022	IDA-57010	Int Charges	353,972.75
Jun 15, 2022	IDA-57010	Int Charges	353,972.75
Jun 15, 2022	IDA-57010	Loan Repay	21,430.28
Jun 15, 2021	IDA-57010	Int Charges	7,216.79
Jun 15, 2021	IDA-57010	Int Charges	7,216.79
Jun 15, 2021	IDA-57010	Int Charges	385,669.00
Jun 15, 2021	IDA-57010	Int Charges	385,669.00
Dec 15, 2020	IDA-57010	Int Charges	381,043.78
Dec 15, 2020	IDA-57010	Int Charges	381,043.78
Dec 15, 2020	IDA-57010	Int Charges	3,620.62
Dec 15, 2020	IDA-57010	Int Charges	3,620.62
Jun 15, 2020	IDA-57010	Int Charges	368,951.50
Jun 15, 2020	IDA-57010	Int Charges	3,594.85
Jun 15, 2020	IDA-57010	Int Charges	3,594.85
Jun 15, 2020	IDA-57010	Int Charges	368,951.50
Dec 15, 2019	IDA-57010	Int Charges	1,938.60
Dec 15, 2019	IDA-57010	Int Charges	1,938.60
Dec 15, 2019	IDA-57010	Int Charges	368,158.50
Dec 15, 2019	IDA-57010	Int Charges	368,158.50
Jun 15, 2019	IDA-57010	Int Charges	5,092.20
Jun 15, 2019	IDA-57010	Int Charges	5,092.20
Jun 15, 2019	IDA-57010	Int Charges	368,406.90
Jun 15, 2019	IDA-57010	Int Charges	368,406.90
Dec 15, 2018	IDA-57010	Int Charges	11,709.90
Dec 15, 2018	IDA-57010	Int Charges	11,709.90
Dec 15, 2018	IDA-57010	Int Charges	360,617.40
Dec 15, 2018	IDA-57010	Int Charges	360,617.40
Jun 15, 2018	IDA-57010	Int Charges	194.98
Jun 15, 2018	IDA-57010	Int Charges	194.98
Jun 15, 2018	IDA-57010	Int Charges	380,788.53
Jun 15, 2018	IDA-57010	Int Charges	380,788.53
Jun 15, 2017	IDA-57010	Int Charges	10,497.50
Dec 15, 2017	IDA-57010	Int Charges	381,796.20
Dec 15, 2017	IDA-57010	Int Charges	381,796.20
Dec 15, 2017	IDA-57010	Int Charges	6,521.63
Dec 15, 2017	IDA-57010	Int Charges	6,521.63
Jun 15, 2017	IDA-57010	Int Charges	356,321.80
Jun 15, 2017	IDA-57010	Int Charges	356,321.80
Jun 15, 2017	IDA-57010	Int Charges	10,497.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2015-11-30
Program Management	Satisfactory	2015-11-30
Monitoring and Evaluation	Satisfactory	2015-11-30
Overall Implementation Progress (IP)	Satisfactory	2015-11-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2020
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Substantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 02-02-2021	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality		N/a

Results Framework