📋 Tender Overview
Activity Id:
143876
Project Number:
OTA1000000090
Implementing Partner:
Citibank, N.A.
Activity Start Date:
N/A
Activity End Date:
N/A
Country:
Liberia
Country Code:
LBR
Region:
Sub-Saharan Africa
Funding Agency:
Department of the Treasury
Managing Agency:
Department of the Treasury
Fiscal Year:
2026
Obligations:
$7,092
International Sector:
Banking and Financial Services
USG Sector:
Financial Sector
Description:
The goal of this project is to assist the GoL in developing and maintaining a fair, safe, and stable financial sector that benefits and protects financial sector participants while maintaining public confidence in the financial system and supporting private sector-led economic growth. Project components will focus on: (1) strengthening the capacity of CBL banking and non-banking financial institution supervision to adequately regulate and supervise the banking and NBFI sectors; (2) establishing a deposit insurance regime that protects depositors in the event of bank failures and maintains public confidence in the financial sector; (3) developing and implementing an effective resolution framework that allows for the orderly resolution of failed financial institutions; (4) enhancing the CBL's capacity to monitor and react to macroprudential risks to financial sector stability; (5) strengthening the capacity of CBL insurance supervision staff to adequately regulate and supervise the insurance sector; and (6) enhancing financial sector compliance with International Financial Reporting Standards.
