Banks urged to maintain sufficient capital levels

Financial institutions have been encouraged to maintain adequate capital levels in their coffers in relation to their risk profile.

Speaking on Monday at a workshop organised by the First National Bank of Botswana (FNBB) in Gaborone, capital management analyst, Ikanyeng Segonetso said the Basel Committee on Banking Supervision has established a set of guidelines and frameworks to regulate the international banking industry.

The purpose of the workshop was to enlighten institutional investors on the regulatory changes from Basel I to Basel II.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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