The Central Bank of Lesotho oversees the financial sector, including both banks and non-banks.
The Central Bank of Lesotho (CBL) plays a crucial role in safeguarding the overall soundness and stability of the financial system through the Bank’s Offsite and Onsite function:
Onsite Examinations:
These involve physical visits to banks and other financial institutions within Lesotho for the purpose of verifying the accuracy and reliability of data and information submitted to the CBL by these institutions. Onsite examinations cover areas that cannot be readily assessed through prudential reports alone.
Offsite Monitoring:
The Bank, through the Offsite monitoring function analyzes financial statements, prudential reports, and risk management data submitted periodically to the CBL.
