BIS Review 58/1998  -3-  Secondly, we go into this period of international turbulence without the grossly over-inflated asset prices which have been such a serious problem in many of the countries of Asia, and which were such a serious problem in Japan in the late eighties and early nineties.
As a result, we launched a number of facilities to ensure that banks were confident they could access term funding to continuing supporting their retail, corporate, and business customers.