Such as adequate regulation, public insurance and/or access to central bank liquidity. 23. The use of collateral helps align the incentives of the borrower and lender in markets with high asymmetric information.
In the same vein, I would also like to thank the former chairperson, Mr. Gift Kavari for his contribution. Your guidance and input has provided a significant foundation for PAN. As financial systems have become increasingly complex, stricter control, oversight and coordination of payment systems are required. Namibia is not an exception in this regard.