BoG continues to assess the condition of the SDI sector. Institutions that do not meet prudential requirements will be closed. BoG will ensure that any such action is managed carefully to mitigate any potentially adverse socio-economic impacts. Q. What is next for BoG?   We are working with all stakeholders to rebuild confidence in our banking sector.
A large part of these exposures are collateralized; this should be taken into account in any overall assessment, although without disregarding the possible problems in recovering the collateral, especially in today’s difficult market.