The second message is about the ECB’s monetary policy during the financial crisis. In response to the crisis, the ECB has taken forceful and timely action. In particular, it did not shy away from taking some highly unusual but appropriate measures with the aim of supporting banks in the fulfilment of their major role, which is to provide credit to the euro area economy.
Governor Salehuddin Ahmed has already briefed the media on major conclusions of the meetings. Since I formally took over the charge as the Chairman of the SAARCFINANCE Group in Dhaka, let me share with you one highlight of our exchanges in the meeting of the SAARCFINANCE Group.