AADFI Prudential Standards and Guidelines for DFIs

AADFI | AADFI

The AADFI CEO Forum adopted the Prudential Standards, Guidelines and Rating System (PSGRS) in Sun City, South Africa, in November 2008 after field-testing of the instrument and series of consultative meetings. The PSGRS calls for the conduct of business affairs of DFIs in a transparent and predictable way. AADFI member institutions have, therefore, accepted to assess themselves with the PSGRS and implement corrective measures, and the results have been generally encouraging. It is hoped that greater clarity in the framework of business decisions as well as improved regulation of the DFIs that come with the adoption of the PSGRS have helped to protect enterprise integrity, increased investor confidence, and contributed to the revamping and sustainability of the DFIs.

Categories:
Regional Financial Integration, Access to Finance, Banking
Pages:
49
Year of publication:
20.11.2017
External Document: