BIS Review 49/2008  1  Figure 3: Financial System Soundness indicators point to a solid financial sector. The table shows that banks are well-capitalised, have low delinquency rates etc. all of which points to generally prudent management and effective supervision. Figure 4: Our financial sector has made important in-roads into the regional market.
Our local banks account for about 60 percent of total bank assets in the region. Our insurance companies account for a similar share of total regional insurance business and our banks have about 15 percent of their portfolio in offshore loans, the bulk of which is in the region. 1.