Botswana’s financial system is reportedly resilient and continues to perform the expected function of financing other sectors of the economy despite worrying global economic challenges associated with Covid-19 pandemic and the Russia-Ukraine war.
The May 2022 Financial Stability Report (FSR) from the financial stability council indicates that given the strong capital and liquidity position, profitability as well as an enabling and effective regulatory environment, the country’s financial system remains strong.
“Notably there is no evidence of excessive and uncontrolled credit growth, the...
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In this article:anti-money laundering, bank stress test exercise, Covid-19, cyber threats, domestic capital market, domestic financial stability, European Union’s list of high risk countries, Financial Action Task Force (FATF), financial market infrastructures, financial stability council, Financial Stability Report (FSR), Global Financial Stability report, insurance and pension sectors, non-bank financial intermediaries (NBFIs), Russia-Ukraine War
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