A conducive environment in this regard catalyses the growth and patronage of financial services. For example, the policy posture in Botswana is to promote financial development and inclusion, involving financial technology and digitalisation in order to accelerate economic development.
Prudential balance between the risks and potential returns to shareholders and safety to our depositors’ funds should always guide banks in the conduct of banking business. However, this does not preclude action by the authority on other external factors like provision of an adequate legal framework and a national identification system.