This has made African Bank and the ABIL Group uniquely vulnerable to a changing or challenging business environment, such as currently prevails. It is against this backdrop that the decision has been taken to introduce a range of support measures for African Bank.
6  BIS central bankers’ speeches  As a natural complement to the SSM, an effective restructuring and resolution mechanism has to establish a bail-in regime that clearly assigns how losses are distributed, making sure that shareholders and creditors are first in line.