For example, as the subsidy of the implicit government guarantee is reduced, competition particularly in the trading activity is revitalised, which will improve the allocation of funds in the economy. Moreover, separation restricts banks with insured deposits from engaging in high-risk trading BIS central bankers’ speeches  7  activities which are not essential to deposit banking.
Many thanks indeed to Continental Reinsurance for having invited me here today at this auspicious occasion where Continental Re is launching its brand in Kenya. It is extremely heartening to see such a strong attendance for this breakfast meeting.