Financial Cooperatives in Haiti : A Diagnostic Review of the Sector and its Regulatory and Supervisory Framework

The government and the Central Bank of Haiti (BRH) aim to improve financial inclusion to foster more inclusive economic growth. With the support of the World Bank, the government developed a national financial inclusion strategy in 2014. Since fina...

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Bibliographic Details
Main Authors: Funke, Ilka, World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/276681578038244507/Financial-Cooperatives-in-Haiti-A-Diagnostic-Review-of-the-Sector-and-its-Regulatory-and-Supervisory-Framework
http://hdl.handle.net/10986/33179
Description
Summary:The government and the Central Bank of Haiti (BRH) aim to improve financial inclusion to foster more inclusive economic growth. With the support of the World Bank, the government developed a national financial inclusion strategy in 2014. Since financial cooperatives play an important role for financial inclusion, the strategy calls for an assessment of constraints to their development, as well as the development of an action plan to strengthen and consolidate the sector. This diagnostic report aims to provide this assessment of the sector. It also offers recommendations for reforms that should be incorporated into a sector wide action plan.