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PM Gonsalves calls for the amalgamation of small under-capitalized Commercial Banks

The content originally appeared on: NBC SVG

Prime Minister Dr. Ralph Gonsalves has called for the Amalgamation of Small under-capitalized Commercial Banks so they can function effectively.

Dr. Gonsalves was speaking at a Panel Discussion at the 30th Annual General Meetings of the African Export-Import Bank in Ghana this week.

The discussion focused on the topic “Delivering the Vision: The Benefits of Strong Continental Financial Institutions”

https://www.nbcsvg.com/wp-content/uploads/2023/06/COMMERCIAL-BANKS1.mp3

Prime Minister Gonsalves also stressed the need for the proper regulation of the banking system.

https://www.nbcsvg.com/wp-content/uploads/2023/06/COMMERCIAL-BANKS2.mp3

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The Afreximbank Annual Meetings, which end today, is also being held to celebrate the 30th anniversary of the establishment of Afreximbank.