Outcome of Q1 2026 Financial Stability Committee meetings |23 April 2026

Committee notes elevated global risks but domestic banking sector resilient

The Financial Stability Committee met on April 16 and 21, 2026 to review developments during the first quarter of the year and assess potential risks to the country’s financial stability.

On the domestic front, the Committee noted the positive performance of the tourism sector in the first two months of 2026, followed by a decline in tourist arrivals since early March due to airspace closures and suspension of flights from key transit hubs serving visitors to Seychelles, following the intensification of the ongoing conflict in the Middle East.

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