Under this law, TBs are expected to: 1.  promote economic development and expand industrial and agricultural growth;  2.  place within easy reach of the people the medium to long-term credit facilities to agriculture, services, industry and housing at reasonable cost and  3.  encourage industry, frugality and the accumulation of savings among the public.
While all of you are well aware of these, we all also recognize that these are not trivial tasks and targets. These speak of thrift banks as an enabler of economic development by encouraging retail savings and extending credit to targeted sectors. Your mandate makes no distinction of where you are based or the environment within which you operate.