National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned

In recent years, there has been renewed interest in providing countercyclical lending and sustainable development financing through national development financial institutions (NDFIs). While NDFIs are often a feasible solution for addressing develo...

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Main Authors:	Gutierrez, Eva, Kliatskova, Tatsiana
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	SMALL AND MEDIUM-SIZED ENTERPRISES DEVELOPMENT FINANCE INSTITUTION PANDEMIC RESPONSE COVID-19 CORONAVIRUS SME FINANCE DEVELOPMENT BANK CREDIT GUARANTEE FUND STATE-OWNED BANKS
Online Access:	http://documents.worldbank.org/curated/undefined/542471633672135095/National-Development-Financial-Institutions-Trends-Crisis-Response-Activities-and-Lessons-Learned http://hdl.handle.net/10986/36467

id	okr-10986-36467
recordtype	oai_dc
spelling	okr-10986-364672021-11-04T05:10:44Z National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned Gutierrez, Eva Kliatskova, Tatsiana SMALL AND MEDIUM-SIZED ENTERPRISES DEVELOPMENT FINANCE INSTITUTION PANDEMIC RESPONSE COVID-19 CORONAVIRUS SME FINANCE DEVELOPMENT BANK CREDIT GUARANTEE FUND STATE-OWNED BANKS In recent years, there has been renewed interest in providing countercyclical lending and sustainable development financing through national development financial institutions (NDFIs). While NDFIs are often a feasible solution for addressing development needs and closing financing gaps, they are not always the best solution, and their setup and structure need to be tailored to the country’s needs. It is important that prior to setting up a new NDFI or increasing the scope of operations of the existing ones, governments consider all available public policy interventions as well as options for private capital involvement to address unmet financing needs of the private sector. NDFIs will likely see strong demand for their interventions in a post- Coronavirus disease 2019 (COVID-19) recovery phase. This calls for enhanced NDFI efficiency and effectiveness. To maximize the net benefits of NDFIs and ensure their financial sustainability, NDFIs should be effectively managed and properly supervised. NDFIs have been important actors in the implementation of countercyclical finance in response to the COVID-19 pandemic and have helped mitigate a credit crunch. During the COVID-19 pandemic, governments have taken on large balance-sheet risks to support credit growth, in many cases using NDFIs as administrators of public anti-crisis programs. 2021-11-03T21:49:04Z 2021-11-03T21:49:04Z 2021-10-08 Report http://documents.worldbank.org/curated/undefined/542471633672135095/National-Development-Financial-Institutions-Trends-Crisis-Response-Activities-and-Lessons-Learned http://hdl.handle.net/10986/36467 English Equitable Growth, Finance and Institutions Insight; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	SMALL AND MEDIUM-SIZED ENTERPRISES DEVELOPMENT FINANCE INSTITUTION PANDEMIC RESPONSE COVID-19 CORONAVIRUS SME FINANCE DEVELOPMENT BANK CREDIT GUARANTEE FUND STATE-OWNED BANKS
spellingShingle	SMALL AND MEDIUM-SIZED ENTERPRISES DEVELOPMENT FINANCE INSTITUTION PANDEMIC RESPONSE COVID-19 CORONAVIRUS SME FINANCE DEVELOPMENT BANK CREDIT GUARANTEE FUND STATE-OWNED BANKS Gutierrez, Eva Kliatskova, Tatsiana National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned
relation	Equitable Growth, Finance and Institutions Insight;
description	In recent years, there has been renewed interest in providing countercyclical lending and sustainable development financing through national development financial institutions (NDFIs). While NDFIs are often a feasible solution for addressing development needs and closing financing gaps, they are not always the best solution, and their setup and structure need to be tailored to the country’s needs. It is important that prior to setting up a new NDFI or increasing the scope of operations of the existing ones, governments consider all available public policy interventions as well as options for private capital involvement to address unmet financing needs of the private sector. NDFIs will likely see strong demand for their interventions in a post- Coronavirus disease 2019 (COVID-19) recovery phase. This calls for enhanced NDFI efficiency and effectiveness. To maximize the net benefits of NDFIs and ensure their financial sustainability, NDFIs should be effectively managed and properly supervised. NDFIs have been important actors in the implementation of countercyclical finance in response to the COVID-19 pandemic and have helped mitigate a credit crunch. During the COVID-19 pandemic, governments have taken on large balance-sheet risks to support credit growth, in many cases using NDFIs as administrators of public anti-crisis programs.
format	Report
author	Gutierrez, Eva Kliatskova, Tatsiana
author_facet	Gutierrez, Eva Kliatskova, Tatsiana
author_sort	Gutierrez, Eva
title	National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned
title_short	National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned
title_full	National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned
title_fullStr	National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned
title_full_unstemmed	National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned
title_sort	national development financial institutions : trends, crisis response activities, and lessons learned
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/undefined/542471633672135095/National-Development-Financial-Institutions-Trends-Crisis-Response-Activities-and-Lessons-Learned http://hdl.handle.net/10986/36467
_version_	1764485309748215808

National Development Financial Institutions : Trends, Crisis Response Activities, and Lessons Learned

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