TY  - BOOK
ED  - World Bank.
ED  - World Bank.
TI  - Mali Financial Sector Assessment Program: Housing Finance
T2  - Financial Sector Assessment Program
PY  - 2015///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Access to Finance
KW  - Affordability
KW  - Affordable Housing
KW  - Agricultural Finance
KW  - Capital
KW  - Collateral
KW  - Commercial Banks
KW  - Consumer Education
KW  - Consumer Protection
KW  - Cooperatives
KW  - Corruption
KW  - Equity
KW  - Family
KW  - Finance and Financial Sector Development
KW  - Financial and Private Sector Development
KW  - Financial Development
KW  - Financial Institutions
KW  - Financial Services
KW  - Home Ownership
KW  - Housing Finance
KW  - Income Tax
KW  - Interest Rates
KW  - International Financial Standards and Systems
KW  - Loans
KW  - Microfinance Institutions
KW  - Monetary Policy
KW  - Moral Hazard
KW  - Mortgages
KW  - Privatization
KW  - Profitability
KW  - Property Rights
KW  - Remittances
KW  - Risk Management
KW  - Savings
KW  - Technical Assistance
KW  - Urban Areas
KW  - Women
N2  - The housing finance market in Mali remains small and under developed. Few banks currently offer a full mortgage product with Banque Malienne de Solidarite, Mali Housing Bank (BHM), Bank of Africa, and EcoBank being the main lenders although at minimal levels. The total annual housing need in Mali based on the household formation rate amounts to 82,500, split between 51,100 urban units and 31,400 rural units. Overall some social housing is constructed and support is provided by the state for low income housing through the Office Malienne de l'Habitat (OMH), but the numbers remain small. The Malien authorities have been working to strengthen financial sector stability which includes measures to stabilize the BHM and put it in a position where it begins to fulfill its mandate of providing credit for the housing sector. A strategy was approved by the council of Minister for a strategic disengagement by the state from the share capital of BHM. Initially the agreed plan was for BHM to be privatized. Overall progress in delivery of affordable housing will require a concerted effort among all stakeholders both in public and private sector. This should be supported through establishment of stakeholder coordination group to oversee change across the housing value chain
UR  - http://elibrary.worldbank.org/doi/book/10.1596/24266
ER  -