| Financier | Commitments |
|---|---|
| IDA Credit | 150.00 |
Financial Sector Safety Net Strengthening Project
Abstract*
The proposed operation is in response to the request from GoSL and CBSL for financing to increase SLDIS’s capitalization and strengthen its institutional capacity. The project is expected to lead to improvements in the financial and institutional capacity of SLDIS in the direction of greater compliance with IADI CPs, with the results expected in two areas: (i) ensuring adequate financial inflows into the SLDIS during the course of the project, in... Show More
Development Objective
To strengthen the financial and institutional capacity of Sri Lanka's financial sector safety net, with the focus on the deposit insurance scheme.
Key Details
Project Details
P180861
Active
Tatsiana Kliatskova , Karina Baba
Democratic Socialist Republic of Sri Lanka
April 4, 2023
(as of board presentation)
November 9, 2023
April 3, 2024
US$ 150.00 million
Central Bank of Sri Lanka
2024
US$ 150.00 million
N/A
June 24, 2023
December 31, 2027
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 150.00 |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 150.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 12, 2024 | IDA-74180 | Loan Disb | 70,000,000.00 |
| Jun 10, 2024 | IDA-74180 | Loan Disb | 400,000.00 |
| Nov 9, 2023 | IDA-74180 | Loan Commitment | 150,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2025-04-01 |
| Monitoring and Evaluation | Satisfactory | 2025-04-01 |
| Progress towards achievement of PDO | Satisfactory | 2025-04-01 |
| Procurement | Satisfactory | 2025-04-01 |
| Financial Management | Satisfactory | 2025-04-01 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-04-01 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.