As for the Japanese financial system, there are some encouraging signs that, especially at major banks, various efforts to restore banks’ financial soundness are paying off, although the system is still in a difficult situation as a whole.
The aim of these workshops was to evaluate the payment system of each SADC country in accordance with the Financial Sector Assessment Programme of the IMF and the World Bank. These evaluations and the report to the IMF and the World Bank will form the basis of the annual regional payment conference to be held later this year.