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Archive for the tag “Banking System”

Bank of Tanzania take over of Twiga Bancorp Limited (28.10.2016)

tanzania-banks-28-10-2016

Statement by Christine Lagarde on the U.K. Referendum (24.06.2016)

Lagard Farage

Press Release No. 16/303
June 24, 2016

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

“We take note of the decision by the people of the United Kingdom. We urge the authorities in the U.K. and Europe to work collaboratively to ensure a smooth transition to a new economic relationship between the U.K. and the EU, including by clarifying the procedures and broad objectives that will guide the process”.

“We strongly support commitments of the Bank of England and the ECB to supply liquidity to the banking system and curtail excess financial volatility. We will continue to monitor developments closely and stand ready to support our members as needed.”

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