Another crisis is inevitable – it is just a matter of time – and the Fund must stand ready to support its members when that happen. In this regard, the review of access limits and the development of crisis prevention instrument, such as the Rapid Access Line (RAL) and the Financial Stability Line (FSL), are critical and should be given priority. •  The third is in facilitating a global dialogue such as the IMFC meetings. It is probably wishful thinking to expect a large diverse group such as this to agree on policy coordination strategies. Nevertheless, even the more modest goal of learning from one another has great value by serving to deepen our understanding of the issues, which should not be underestimated. The Fund’s governance reform 9. In an increasingly integrated global economy, the distribution power within the Fund must adapt to reflect the growing weight of developing and emerging market economies in order to make the Fund more effective as an institution. Giving voice and ownership to member countries will increase the legitimacy and efficacy of the IMF. In this regard, we have indeed come a long way from where we started two years ago. We thus would like to thank the IMF Executive Board, management, and the staff for their dedication and hard work in delivering the current quota and voice reform package before us. 10. We welcome the flexibility and compromise shown by the members of the Executive Board in agreeing to the package we have at these Spring Meetings.
Banks should take advantage of the attractive economic opportunities obtaining in Zambia to improve financial inclusion and thereby attract new customers and a higher deposit base. I am certain that over time these places will be their most profitable centers as places like Lusaka will only yield narrow margins due to stiff competition. BIS central bankers’ speeches  3  Ladies and gentlemen Allow me to again extend my gratitude to the Chief Executive Officer of the First Capital Bank for inviting me to this auspicious occasion. It is now my honour and privilege to officially declare the First Capital Bank Zambia Limited and its head office officially opened. I thank you for your attention. 4  BIS central bankers’ speeches