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Financial intermediation in emerging markets

Type
Speech
Subtype
Central banker's speech
Date delivered
15 December 2016
Country
South Africa
Keynote address by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the Conference on "Financial Intermediation in Emerging Markets", Cape Town, 9 December 2016.

Good morning, ladies and gentlemen.

Let me begin by thanking the organisers for inviting me to address you today.

Today, I would like to talk about the evolving banking landscape, specifically the regulatory and governance challenges that face banks in emerging markets. I would also like to discuss the challenges relating to correspondent banking as well as the opportunities and risks that come with fintech and digitisation developments. Last but not least, I will touch on the concept of 'financial inclusion' and the framework for the resolution of troubled financial institutions.