Supporting Finance Sector and Private Sector Development in the Pacific – Core Banking Systems and Fintech

2018-06-30 - 2018-10-31
Vanuatu, Samoa, Solomon Islands, Tonga

ADB sourced us for a high-level review of the core banking systems and applied and planned technical solutions in up to six Banks and MFIs in the Pacific Region in light of their Digital Finance Strategy and implementation
Description of Actual Services Provided within the Assignment: Development of a questionnaire for a standardized assessment of the applied tools and systems. Conduction of remote interviews with up to six potential project partners. Field mission to all financial institutions in the course of July/ August, as part of a larger ADB field mission. Review of their digital finance plans. High level assessment of currently applied systems, tools, solutions, capacities and organisation/ set up of the respective institutions vis a vis their Digital Finance Plans. High level recommendation towards ADB on selected support to these individual finance institutions, including scope and budget for intervention and support. Main outcomes for the client: ADB is preparing a project preparatory mission based on LFS’ recommendations. Overall budget available for technical assistance phase is > USD 15 million.