Kingdom of Lesotho: Technical Assistance Report-Report on the Financial Soundness Indicators Technical Assistance Mission (April 27- May 04, 2023)
Kingdom of Lesotho: Technical Assistance Report-Report on the Financial Soundness Indicators Technical Assistance Mission (April 27- May 04, 2023)
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Volume/Issue:
Volume 2024
Issue 008
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Money and Monetary Policy , International - Economics , Kingdom of Lesotho , Financial Soundness Indicators , 2019 FSIs Guide , Deposit takers , Other financial corporations , Insurance corporations , TA mission , CBL staff , FSIs coverage , Financial statements , Loans , Financial sector
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Summary
The mission assisted the Central Bank of Lesotho in compiling financial soundness indicators (FSIs) using the new methodology of the IMF’s 2019 FSIs Compilation Guide. Specifically, in collaboration with the CBL staff the mission updated the methodologies for compiling FSIs for deposit takers and developed new FSIs for life and non-life insurance corporations for reporting to IMF and dissemination.
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