Adoption of recapitalization plans in line with sound international practices by the general assembly of the three public banks, following the criteria outlined in Annex 1 to the MEFP and based on the results of the audits.
Introduced at R5. Objective: Financial sector stability. At R6, not met. The general assembly of two banks adopted a recapitalization plan. The recapitalization and restructuring plan of the third public bank is still under preparation. The revised business plans will be ready by November 2015.