Currently, the uncertainties regarding the world economy and the global financial markets have increased significantly, making future projections of economic activity and prices more difficult than usual. Accordingly, it is necessary to stress that a careful assessment of not only the baseline scenario but also risk factors is even more important than usual.
The alternative concepts that have been referred to here would probably not be able to achieve that on a lasting basis or especially if a bank or a banking system were in a difficult situation, and would not be able to make up for the disadvantages of institutions having a lower capital base.