El Salvador Financial Sector Assessment Program Development Module : Capital Markets

This technical note was prepared in the context of a World Bank Financial Sector Assessment Program mission in the Republic of El Salvador in March 2016. The capital markets in El Salvador continue to remain relatively small but have played a large...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	FINANCE MANAGEMENT REGULATION capital markets debt market government debt securities pensions institutional investors market intermediaries financial infrastructure regional integration
Online Access:	http://documents.worldbank.org/curated/en/789021487930892084/El-Salvador-Financial-sector-assessment-program-capital-markets http://hdl.handle.net/10986/26281

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recordtype	oai_dc
spelling	okr-10986-262812021-05-25T08:58:26Z El Salvador Financial Sector Assessment Program Development Module : Capital Markets World Bank FINANCE MANAGEMENT REGULATION capital markets debt market government debt securities pensions institutional investors market intermediaries financial infrastructure regional integration This technical note was prepared in the context of a World Bank Financial Sector Assessment Program mission in the Republic of El Salvador in March 2016. The capital markets in El Salvador continue to remain relatively small but have played a larger role in financing real sector needs in the last 5 years. The investor base is dominated by institutional investors. Two pension funds represent the primary investors in the securities market, followed by banks and insurance companies. The integration with Panama is a welcome development and will help improve opportunities for Salvadoran investors and issuers. The regulation and supervision of capital markets is shared, respectively, between the Central Bank (BCR) and the Financial Superintendency (SSF) and this required stronger coordination. The document contains technical analysis and detailed information underpinning the FSAP assessment’s findings and recommendations. Further information on the FSAP program can be found at www.worldbank.org/fsap. 2017-03-15T21:53:04Z 2017-03-15T21:53:04Z 2016-11 Report http://documents.worldbank.org/curated/en/789021487930892084/El-Salvador-Financial-sector-assessment-program-capital-markets http://hdl.handle.net/10986/26281 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work Latin America & Caribbean El Salvador
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	FINANCE MANAGEMENT REGULATION capital markets debt market government debt securities pensions institutional investors market intermediaries financial infrastructure regional integration
spellingShingle	FINANCE MANAGEMENT REGULATION capital markets debt market government debt securities pensions institutional investors market intermediaries financial infrastructure regional integration World Bank El Salvador Financial Sector Assessment Program Development Module : Capital Markets
geographic_facet	Latin America & Caribbean El Salvador
description	This technical note was prepared in the context of a World Bank Financial Sector Assessment Program mission in the Republic of El Salvador in March 2016. The capital markets in El Salvador continue to remain relatively small but have played a larger role in financing real sector needs in the last 5 years. The investor base is dominated by institutional investors. Two pension funds represent the primary investors in the securities market, followed by banks and insurance companies. The integration with Panama is a welcome development and will help improve opportunities for Salvadoran investors and issuers. The regulation and supervision of capital markets is shared, respectively, between the Central Bank (BCR) and the Financial Superintendency (SSF) and this required stronger coordination. The document contains technical analysis and detailed information underpinning the FSAP assessment’s findings and recommendations. Further information on the FSAP program can be found at www.worldbank.org/fsap.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	El Salvador Financial Sector Assessment Program Development Module : Capital Markets
title_short	El Salvador Financial Sector Assessment Program Development Module : Capital Markets
title_full	El Salvador Financial Sector Assessment Program Development Module : Capital Markets
title_fullStr	El Salvador Financial Sector Assessment Program Development Module : Capital Markets
title_full_unstemmed	El Salvador Financial Sector Assessment Program Development Module : Capital Markets
title_sort	el salvador financial sector assessment program development module : capital markets
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/789021487930892084/El-Salvador-Financial-sector-assessment-program-capital-markets http://hdl.handle.net/10986/26281
_version_	1764461589499478016

El Salvador Financial Sector Assessment Program Development Module : Capital Markets

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