Debt capital markets set to gain momentum

Banks will need to issue a lot more debt than historical levels in the capital markets to meet the new regulatory requirements, a First National Bank of Botswana (FNBB) analyst said.

The analyst, Ikanyeng Segonetso, said before the financial crisis, regulators moved in swiftly to draft rules and regulations intended to make the banking industry safer and more resilient to unexpected economic conditions.

He stated in his research paper titled, ‘Banking Sector to Stimulate Debt Capital Markets’ that in the recent global financial crisis, public funds were used to bail out failing banks.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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