Political responses The financial crisis and the subsequent economic downturn have called for unprecedented policy responses by both fiscal and monetary authorities worldwide. 1  See de la Dehesa, Guillermo (2010): Twelve Market and Government Failures Leading to 2008–09 Financial Crisis, Occasional Paper No 80, Group of Thirty, Washington DC.
In a sense, providing financial services will also involve providing extension services as a risk mitigant. Hence, banks will need proactive technical officers who can not only provide such services, but also train their field staff. Another very important requirement is relationship management in terms of face-to-face familiarity and continuity of contact.