Lesotho : Financial Sector Review
This report is a review of the Lesotho's financial system covering: i) the macro-financial environment; ii) safety and soundness of the banking system; iii) non-bank financial institutions; and iv) microfinance and finance for small and medium...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/04/7141672/lesotho-financial-sector-review http://hdl.handle.net/10986/14537 |
| Summary: | This report is a review of the
Lesotho's financial system covering: i) the
macro-financial environment; ii) safety and soundness of the
banking system; iii) non-bank financial institutions; and
iv) microfinance and finance for small and medium
enterprises. The report was based on data and other
information collected during the March 2003 mission. The
report is presented in four chapters: chapter one:
macro-financial environment and structure of the financial
system; chapter two: addresses key issues facing the banking
institutions; chapter three: addresses the non-bank
financial institutions; and chapter four: addresses the
finance for micro, small and medium enterprises. A
statistical annex contains relevant data for all the
chapters. Overall, the review had three major objectives: a)
to assess the safety and soundness of selected sectors in
the financial system; b) to evaluate major constraints
facing the financial system and its ability to support
private sector development; and c) to formulate actions and
policies to address these constraints. |
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