While it is difficult to quantitatively gauge the effects of the earthquake at present, it is very much a situation in which the restoration of lifelines, utilities, and distribution has been slow, given that the earthquake was the biggest on record for Japan and accompanied by enormous tsunami.
This will further strengthen our ability to safeguard financial stability and effectively supervise banks – which is why I look forward to paving the way for a greener, more sustainable financial system. 2/2  BIS central bankers' speeches