The Central Bank of Paraguay hosted an international workshop on financial risk management in official institutional portfolios, organized jointly with the World Bank. Held in person at the Central Bank of Paraguay Institute from July 14 to 18, the event brought together specialists from central banks, public pension funds and other official financial institutions to strengthen capabilities for managing risks in investment portfolios. The program covered investment policies, liquidity management, counterparty risk, limit methodologies and backtesting, along with a dedicated session on artificial intelligence in asset management. Participants also reviewed international experience, including the Bank of Spain’s approach to risk management and the Latin American Reserve Fund’s practices on credit and liquidity risk. The workshop closed with a certificate ceremony attended by officials from the Central Bank of Paraguay and the World Bank. In the background, the Central Bank of Paraguay linked the event to its broader modernization process under the World Bank’s Reserve Advisory and Management Partnership, which it joined in 2017 and under which it has updated investment policies, diversified its international reserves portfolio and strengthened risk management systems.
Central Bank of Paraguay2025-07-18
Central Bank of Paraguay and World Bank hold financial risk management workshop for official institutional portfolios
The Central Bank of Paraguay and the World Bank held a July 14 to 18 workshop on financial risk management for official institutional portfolios. The sessions covered investment policy, liquidity, counterparty risk, limits, backtesting and artificial intelligence in asset management, with additional case studies from the Bank of Spain and the Latin American Reserve Fund. The event was framed as part of the central bank’s broader reserve management modernization under the World Bank’s RAMP program.