Based on ongoing reviews of all depository institutions as completed by federal banking regulatory  BIS Review 34/1999  2  agencies, the vast majority is making satisfactory progress in their Y2K planning and readiness efforts. Only a small percentage has been rated ‘needs improvement’ and well under 1% have been rated ‘unsatisfactory’.
Amando M Tetangco, Jr: Financial stability and financial inclusion – two facets of the same policy objective Speech by Mr Amando M Tetangco, Jr, Governor of Bangko Sentral ng Pilipinas (the central bank of the Philippines), to the Financial Sector Forum at the Asian Development Bank, Manila, 7 February 2012.