It is essential, however, that the new legislation should ensure that the business of such institutions is conducted in a safe and sound manner, conducive to the orderly growth of the financial sector, whilst contributing to poverty reduction in both rural and urban areas. Comment on the Dedicated Banks Bill and the Co-operative Banks Bill may be provided until the end of January 2005.
They took that decision because, among other reasons, they wanted to create a forum for middle managers to interact, exchange ideas, enable them to gain more understanding of central banking particularly monetary and fiscal policies and prepare them for higher responsibilities.