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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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