Botswana: Financial Sector Assessment Program-Technical Note on Financial Sector Safety Nets, Crisis Management, and Bank Resolution Framework
Electronic Access:
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Summary:
The financial safety net framework in Botswana is incomplete, while crisis preparedness and management structures must be expanded.2 The Bank of Botswana (BoB) lacks an emergency liquidity support mechanism for commercial banks, bank resolution and liquidation remain under the Companies Act, and there is no deposit insurance system. A 2016 TA mission3 on “Banking Sector Safety Net and Crisis Management” identified many deficiencies. To date, there has been limited progress in achieving the recommendations.
Series:
Country Report No. 2024/059
Subject:
Bank resolution Bank resolution framework Crisis management Crisis Prevention Financial crises International organization Lender of last resort Monetary policy
Frequency:
regular
English
Publication Date:
March 5, 2024
ISBN/ISSN:
9798400269073/1934-7685
Stock No:
1BWAEA2024001
Format:
Paper
Pages:
37
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