Speech by Gediminas Šimkus at the conference "Monetary policy in a New European Reality" 2022-06-11 Speech by Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania, at the first conference for central banks of the Three Seas Initiative (3SI) countries "Monetary policy in a New European Reality", where he moderated a panel discussion on the evolution of structural underpinnings of monetary policy.
The Bank of Namibia and the Bankers Association of Namibia have agreed that the Bank would spearhead the settlement leg of the project, while commercial banks would assume responsibility for seeking appropriate solutions for the Namibian payment and clearing arrangements. Commercial Banks are driving the payment and clearing process in line with standards laid down by the Bank of Namibia.