While this may be true, the demise of these institutions was in the main self-inflicted. Several macro-prudential indicators paint a fairly robust picture of the regional banking system. I have sought to show these indicators in comparison with those of the advanced countries in a few slides.
I am fully aware of the problems with inter-country comparisons, but I believe that even allowing for definitions and other differences the data provide an interesting picture …… (i)  Table 1 shows that the regional banking system is more than adequately capitalized.