These increases are necessary in order to provide our institutions with the muscle to undertake big-ticket deals to support the growth of the private sector and to further serve as a capital cushion for absorbing unexpected losses that may arise in the normal course of business.
In this regard, I would like to take this opportunity to advise the industry players, particularly the banks, to properly align their risk appetite to their capital levels. This is important because any misalignment between risk and capital could threaten the solvency of the institution and unduly put shareholders investments at risk.