The Bank of Tanzania (BoT) has hosted a high-level meeting of the Financial Stability Board (FSB), bringing together Governors, Deputy Governors and senior officials from central banks across Sub-Saharan Africa to discuss ways of strengthening global and regional financial stability.
The meeting was held on February 20, 2026, at The Mora Hotel, underscoring Tanzania’s growing role in international financial governance.
The FSB is an international body responsible for monitoring the global financial system and issuing policy recommendations aimed at safeguarding financial stability. It develops guidelines to help member countries strengthen regulation, supervision and resilience of their financial sectors.
Opening the meeting, the Governor of the Bank of Tanzania, Emmanuel Tutuba, said the forum offers an important opportunity for central banks to jointly address risks that could undermine financial sector performance.
He said discussions focused on the assessment of global and regional financial stability indicators, the impact of debt sustainability on financial systems, developments in non-bank financial intermediation (NBFIs), and the growing use of Artificial Intelligence in enhancing financial sector operations, including its potential risks.
Governor Tutuba stressed that BoT’s active participation in the FSB reflects its commitment to regulating and supervising the financial sector in line with internationally accepted standards.
“Through this meeting, the public should be assured that the Bank of Tanzania continues to oversee the financial sector using globally recognised frameworks. This means that citizens’ funds, wherever they are deposited, remain safe and are managed in accordance with international laws and best practices,” he said.
He added that BoT has benefited significantly from its FSB membership, including the adoption of frameworks for identifying systemically important banks, tools for assessing financial system interconnectedness, climate-related risk assessments, crisis preparedness guidelines, emergency resilience frameworks, and regulatory approaches for digital currencies and non-bank financial institutions.
The meeting highlighted Tanzania’s commitment to promoting a stable, resilient and well-regulated financial sector, both domestically and across the region.