New innovations are therefore likely to consist of slight variations of something that has existed before rather than radical change. There is no part of the traditional financial services value chain that cannot be done better, smarter and more effectively.
The relationships with other central banks in the region were further reinforced on the occasion of our 40th anniversary when the Bank had the honour to receive Governor Y.V. Reddy from the Reserve Bank of India and Governor P. Acquah from the Bank of Ghana to deliver memorial lectures.