Supporting the Digital and Sustainable Transformation of Banco de la Nacion

implementation

The general objective of the Technical Cooperation (TC) is to strengthen the institutional capacity of Banco de la Nación (BN) in Peru to accelerate its digital transformation. The specific objectives include: (i) strengthening the BN's institutional capacities through knowledge sharing and the identification of good practices from other Public Development Banks (PDBs) in digital transformation processes; (ii) technically supporting the execution of Operation 5965/OC-PE, which includes the development and implementation of a methodology to monitor and evaluate the digital transformation process; (iii) developing a decarbonization plan, optimizing the reduction of Greenhouse Gas (GHG) emissions associated with the BN's digital transformation, in line with global sustainability goals; (iv) promoting sustainable economic growth by strengthening the digital capacities of the public financial sector, enabling a more efficient and secure provision of financial services for citizens and businesses; (v) reducing inequality and promoting financial inclusion by improving access to formal banking services for vulnerable populations through the digitalization and modernization of BN operations; and (vi) disseminate the main findings and lessons learned during the execution of the CT and the loan operation, strengthening continuous learning and process improvement in future interventions.