Immunisation charity granted 0% risk weight
The BCBS has allowed supervisors to treat the IFFIm like a multilateral development bank.
Banks that loan to a charity specialising in funding immunisation programmes and health system development around the world will be able to apply a risk weight of 0%, as long as national supervisors allow it.
The International Finance Facility for Immunisation (IFFIm) can be treated in a similar way to a multilateral development bank, announced the Basel Committee on Banking Supervision (BCBS) in a newsletter today.
The decision was reached due to the fact that the World Bank acts as IFFIm’s
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