This is in accordance with the conclusion of the European Council summit on 15 and 16 October, reaffirming the Council's commitment that in all circumstances the necessary measures will be taken to preserve the stability of the financial system, inter alia by providing the financial institutions with capital resources so that they can continue to finance the economy properly.
1. Today marks a significant change in the history of the banking sector as Barclays Bank Ghana Limited, which opened its doors to banking in Ghana some 100 years ago transitions to Absa Bank Ghana Limited. Before going any further, let me extend a special welcome to Mr. Aaron Daniel Mminele, CEO of Absa Group to Ghana, and for gracing this occasion.