BIS Review 129/2007  7  In addition, the frequency of rating adjustments for structured products is lower than for traditional bonds. However, if ratings are adjusted, the change for structured products tends to be much larger. Moreover, ratings focus on credit risk, while for structured products, in particular, market and liquidity risks play an important role, too.
This afternoon, I would like to share with you some thoughts on the recent developments of the Indonesian banking industry - how the current situation and problems came about, what alternatives were available to deal with them, and how I see the prospect of our banking industry in the coming future. 2.