World Bank's Center of Excellence on Cooperative Financial Institutions (CoE-CFI)

Blog » Financial Cooperatives in Haiti A Diagnostic Review of the Sector and Its Regulatory and Supervisory Framework, 2019

Financial Cooperatives in Haiti A Diagnostic Review of the Sector and Its Regulatory and Supervisory Framework, 2019

Created Oct 09 2020, 9:45 AM by Baloko Makala
  • Regulation_and_supervision

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 sectorwide action plan.