2018 Financial Stability Report

The implementation of a number of legislative reforms are also likely to add to the resilience of the financial sector. The introduction of the Credit Bureau will add to an understanding of the credit worthiness of borrower’s which contributes to better underwriting standards for commercial banks, which can help to lower default risk on loans. Completing the deposit insurance scheme is important to the development of an effective resolution framework for the financial sector. Finally, the development and implementation of the macroprudential framework is an integral component for the assessment of systemic risk in the financial sector.

Financial Stability Report 2018

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