Financial system stabilty, payment system.


This article reviews the relationship between payments system and financial stability. lt explores the risks within the payments system and how they impact on financial system stability. Emerging issues in the payments system were highlighted and implications for the financial system stability were examined. The article also proposes sets of payments system indicators that may be adopted within the financial system stability analysis and policy making.

Author Bio

This author is a staff of the Banking and Payment Systems Department, Central Bank of Nigeria.

Publication Title

CBN Bullion.


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