Develop Directives and Prudential Guidelines for Development Finance Institutions... Tender

Procurement Summary

Country : Ghana

Summary : Develop Directives and Prudential Guidelines for Development Finance Institutions (Dfis)

Deadline : 29 Jan 2021

Other Information

Notice Type : Tender

TOT Ref.No.: 49310926

Document Ref. No. : GH-GDFP-157533-CS-INDV

Competition : ICB

Financier : Self Financed

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : MINISTRY OF FINANCE
Greater Accra, Accra Metropolitan District
Contact Person : Project Coordinator, Financial Sector Division (FSD), Ministry of Finance (New Block, Room 119), P.O. Box MB 40 Accra-Ghana
Phone : +233(0)240-956-958
Ghana
Email :GDFP@mofep.gov.gh
URL :Website : https://www.mofep.gov.gh.

Tender Details

Title : Develop Directives and Prudential Guidelines for Development Finance Institutions (DFIs)

Description : Technical Assistance to The Bank of Ghana to Develop Directives and Prudential Guidelines for Development Finance Institutions (DFIs)The Ministry of Finance (MoF) has received financing from the World Bank towards the cost of the Development Finance Project (the Project), which supports the establishment of the Development Bank Ghana (DBG), under the Development Finance Institutions (DFI) Bill. The Bill received Parliamentary approval in August 2020 and is awaiting Presidential Assent.To ensure that DFIs are efficiently managed, to facilitate their viability and sustainability with minimal risk of failure, the Government of Ghana (GOG) has decided that the DFIs should be regulated and supervised by Bank of Ghana (BOG). This decision was informed by the experiences of other countries in which effective regulation and supervision of DFIs by independent regulatory bodies have contributed to the success of DFIs. Such experiences have shown that DFIs can achieve their mandates effectively if they are well-structured, insulated from political interferences in operational decisions and are professionally managed along sound banking principles that balance development objectives with commercial viability. It is for this reason that the DFI Bill has been passed to provide the legal and regulatory framework for the establishment and operation of DFIs. The Bill provides for...

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