I take this opportunity to reiterate our resolve to be transparent in our operations and pursue a consultative approach to decision-making, while scrupulously observing all the laws and regulations applicable to our activities.
So, with my powers as Governor, I formally revoke the licence of South East Asian Bank and I now officially announce the issue of a fresh new banking licence to the Bramer Banking Corporation Ltd. With these words, may I once again convey my best wishes to the Management and staff of Bramer Banking Corporation Ltd and wish the owners and shareholders every success as they take on the established players on the domestic banking scene.