While we are mindful of the verified claim that trade is an adventure, and banking – cautiousness, history has taught us that a conservative approach, with a careful introduction of new products and care for the clients, is the best way to develop the system and grow sustainably.
Regulators must implement and enforce policies that foster a regulatory environment that will engender the development of the financial ecosystem. Deepening the level of financial digitisation has the potential to bolster settlement efficiency, encourage entrepreneurial activity and to improve the country’s overall competitiveness.