The purpose of this report is to provide an overview of Financial Service Providers in CTP (banks, mobile network operators, etc.) to define the groups’ relative business case and opportunities for partnership. The report was compiled using WFP’s Macro Financial Assessments (MAFA) reports from each of the country offices in the region. The assessment methodology has been constructed through guidance by the World Bank’s Financial Sector Assessment Handbook (WBFSA), the Bank of International Settlement (BIS), the International Monetary Fund (IMF) and the Global Partnership for Financial Inclusion (GPFI). The MAFAs are conducted to determine a country’s capacity to support Cash-Based Transfer modalities. The assessment is composed of three major aspects which are: 1. A system of ratings of selected indicators that show relative strengths and weaknesses of the country’s financial sector 2. A mapping of bank branches and ATMs presence by province and 3. A listing of financial sector risks.
There are five categories selected for each assessment, each category is assessed against a set of indicators that measure the level and depth of implementation of that category, resulting in a score of up to 100 points for each category; these categories are:
- Government supervision
- Ease of entry
- Competition
- Consumer protection
- Financial inclusion