The European regulatory framework envisages a variety of tools to help failing banks restructure or exit from the market without interrupting the provision of critical functions and jeopardizing the overall stability of the financial system.
L Wilson Kamit: Microfinancing in Papua New Guinea Speech by Mr L Wilson Kamit, CBE, Governor of the Bank of Papua New Guinea, at the presentation of Banking Licence to Nationwide Microbank Limited and opening of its new Boroko branch, Boroko, 17 June 2008. *  *  *  Acknowledgement Hon.