In addressing the disaster, the Bank, since immediately after the earthquake struck, has been taking a range of active measures, from the following three main perspectives: maintaining the functioning of financial and settlement systems; ensuring the stability of financial markets; and supporting economic activity. I would now like to explain the Bank’s response to the disaster.
Maintaining the functioning of financial and settlement systems What the Bank did first after the earthquake was to do everything possible to ensure the safety and security of the financial infrastructures. When there is high uncertainty over the future of the economy, one of the most paramount challenges is to steadfastly maintain financial infrastructures to prevent rising concern among the people.