46312-001: Payment System Modernization Project
Project Data Sheet (PDS): Overview
The current payments system is composed of an interbank payment infrastructure and a retail payment infrastructure. The former covers the real time gross settlement system (RTGS) for high-value transactions and the low-value payments system (LVPS) for low value transactions. It also covers the auctioning and trading of foreign exchange and securities, although the present system does not cover collateral management nor the pledging of securities/bonds. This includes a General Ledger system ... Read More
|Type or Modality of Assistance||
|Financing||Public sector (Sovereign)|
Loan No. 3072
|Approval Date||26 Nov 2013|
|ADB Financing ($ thousand)||20,000|
|Subsector||Banking systems and nonbank financial institutions|
Inclusive economic growth (IEG)
|Drivers of Change||
Governance and capacity development (GCD)
|Gender Equity and Mainstreaming Categories||Category 4: No gender elements (NGE)|
Indigenous People: C
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