As you will be aware, I took advantage of the National Business Conference in Maun in November last year and addressed the issue of commercial bank liquidity in some detail. Given continued interest on the subject, we have considered that a further engagement with the media is advisable. I will share with you salient points on this important matter and respond to questions thereafter.
I would like to underscore an important fact, and that is, the banking sector in Botswana is sound and profitable. Profitability has of course declined as expenses increased faster than income, and the situation varies from bank to bank.