Guidelines for a Rapid Financial Soundness Assessment.

Toolkit | September 30, 2009

The Rapid Financial Soundness Assessment (RFSA) identifies the strengths and vulnerabilities of financial sector participants, assesses overall soundness and stability of the financial, real and household sectors, highlights linkages between the macroeconomy and the financial, real and household sectors, and ascertains technical assistance needs and policy recommendations.

Through the Financial Sector Knowledge Sharing Project (FS Share) Task Order, the USAID Bureau for Economic Growth Agriculture and Trade (EGAT) and Chemonics proactively collaborate with missions to identify financial sector priorities and develop strategies and programs to grow the financial sector. FS Share identifies financial sector best practices and aggregates them through model scopes of work, technical briefs, diagnostic tools, best-practice case analyses, and other tools. These deliverables are disseminated to USAID missions for integration into financial sector programming. On a case-by-case basis, FS Share assists with implementation and connects mission staff to external resources on best practices. In response to mission demand, FS Share delivers presentations and other knowledge-sharing endeavors. The RFSA identifies the strengths and vulnerabilities of financial sector participants, assesses overall soundness and stability of the financial, real and household sectors, highlights linkages between the macroeconomy and the financial, real and household sectors, and ascertains technical assistance needs and policy recommendations.”