The Federal Reserve has a similar status with respect to the availability of the discount window and riskless final settlement during a period of national economic stress. Providing such services is out of the reach of all private institutions. The markets place substantial values on these safety net subsidies, clearly in excess of the cost of regulation.
Of particular interest are the maritime areas and how to deliver banking and microfinance services to these remote areas even though a number of our people live on these islands and they expect similar type of service delivery with least costs. The use of mobile phone technology for providing basic banking services can be considered for these remote areas.