Cashing out is important for remittances, because we have a large recipient population in the country, most of whom do not have access to formal banking services. We have recently approved the in-principle setting up of a payment system which will facilitate the funds transfer from bank account holders to those without accounts through ATMs.
Regarding the insurance sector in particular, the activity of this sector is continuing to grow, while the regulatory and supervisory measures taken by the CBK have resulted in a positive financial performance of this sector, after a very long period of loss.