Banking Regulation and Supervision Agency

The Banking Regulation and Supervision Agency (BSRA) is the government organization responsible for overseeing banks and financial institutions. Its main role is to ensure these institutions operate safely, fairly, and responsibly, protecting customers’ money and maintaining the stability of the financial system. The BSRA sets rules and standards for banks, monitors their activities, and can intervene if a bank is at risk of failure or engaging in risky practices. Essentially, it safeguards the integrity of the banking sector to foster confidence and economic stability.