A sound banking crisis management framework is paramount to the financial stability of FinSAC's client countries, especially during systemic crisis scenarios. This paper discusses the key features of FinSAC's client countries' financial systems, takes stock of the reforms undertaken during the last decade, while also identifying and explaining individual and systemic banking crises in the broader ECA region. It focuses particularly on preparedness for systemic scenarios, including the key challenges of deploying the bank resolution tools considering the structural features of these countries' financial systems. The paper makes recommendations to the policymakers of FinSAC client countries, including (i) continuously strengthening their recovery and resolution planning frameworks, by focusing on operationalization, (ii) enhancing their resolution regimes, including by determining a sound and effective burden sharing model, (iii) strengthening their lender of last resort functions, ensuring the provision of liquidity to solvent, yet illiquid banks and (iv) focusing on crisis preparedness. Nonetheless, authorities from other developing countries may also find these recommendations useful.