I hope that these efforts will bear fruit, and lead to a recovery of Japan's economy and positive new developments in the future. The Bank is determined to support these movements through appropriate conduct of monetary policy. Thank you very much for your kind attention. 8  BIS Review 11/2009
I’ll give three brief examples where we’ve used the flexibility in global standards to adapt to local conditions. •  First, farm lending, and especially dairy farming, accounts for a large share of risks faced by New Zealand banks.