Yet problems can also flow in the  BIS central bankers’ speeches  3  opposite direction: shaky public finances can cause difficulties for banks. Greece is a case in point. This kind of contagion is mainly caused by government bonds held on bank balance sheets. And many banks have large holdings of domestic government bonds, especially in the euro area.
As you explore the picturesque surroundings of Cape Town, its imposing mountain ranges and its world class wineries, please always remember that Uganda's financial sector will always treasure your contribution. Thank you Peter, and may God bless you. 2  BIS Review 114/2007