[see Chart 1] Since the mid-1990s, the share of cumulated FDI flows (FDI stock) in world GDP has increased at an even faster pace, particularly in non-Japan Asia and in the new Member States of the European Union.
That is why cost of credit, via base lending rates are declining. As I conclude my remarks, let me reiterate that the Central Bank appreciates the initiatives and innovations by the banking sector in coming up with new products targeted at niche consumers and is committed to the creation of an enabling regulatory environment.