It is further evidence of Europe’s resolve to address its problems. If such measures are combined with swift implementation of the Financial Stability Board’s (FSB) financial reform agenda, which I will outline in a moment, there is a prospect of relaunching a deeper, more robust pan-European financial system.
First, it is important to further improve our database of banking infrastructure in the country in order to gauge the extent of financial inclusion and assess the efficacy of various policy actions taken in this regard.