These are excellent signs of the bank’s confidence in the financial system and the country. It is also an excellent development for customers allowing them closer access to banking services. Financial system Today, I have decided to talk only about the financial system and leave the economic policies and projections to the Budget Address on Friday.
We all appreciate the important role that the financial system plays in the economy. It basically allows money to go around from producers to wholesalers, from savers to investors and from customers to retailers. Needless to say, this intermediation role is extremely important to the cash flows of businesses and individuals.