Your own Institute, the Chartered Institute of Bankers Ghana has as its motto, Honesty and Integrity. 13. All over the world, the history of banking crisis indicates  that without the public’s assurance of well-capitalized, liquid and sound banks, the intergrity of the financial system, just like the Goldsmith, would be at risk.
The system would be 6|Page  unstable, prone to a run, resulting in closures and financial distress for depositors. This will spillover to economic challenges and weaken growth prospects in the long run. 14. Globally, there are several examples of corporate governance failures in the financial sector which had adverse economic consequences.