New capital adequacy regime for banks!
By KETRA KALUNGA – THE Bank of Zambia (BoZ) says it will be issuing a new capital adequacy regime for banks and financial institutions to enhance the quality of capital and support provision of widened scope of financial services.Bank Governor Denny Kalyalya said the move was made following wide consultations with stakeholders.Dr Kalyalya said for […]
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By KETRA KALUNGA –
THE Bank of Zambia (BoZ) says it will be issuing a new capital adequacy regime for banks and financial institutions to enhance the quality of capital and support provision of widened scope of financial services.
Bank Governor Denny Kalyalya said the move was made following wide consultations with stakeholders.
Dr Kalyalya said for the financial sector to remain the anchor for the promotion of economic growth, it was essential to be resilient to shocks.
