Project Description
The Project will assist BPNG to align their licensing policies and procedures with international minimum standards and introduce Savings and Loans Societies (SLS) prudential standards. Doing so should help deliver a sound platform and framework for assessing applications for banking licenses and ensuring any banking entrants are in the best position to transform and meet the additional responsibilities of becoming a bank. This in turn could be expected to support confidence in the outcome of licensing decisions; improve the transparency and efficiency of the process and potentially attract more strong applicants.