It led to the perception by the markets, and the public opinion in general, that widening global payments imbalances, exchange rate misalignments, fast growing monetary and credit aggregates, exceptionally low risk premia, were not seen as posing a threat to global financial stability.
It is the Bank's intention to continue providing its government banking customers with the services it needs, to make new products and services available where they offer a benefit to our business customers, and to do so in a way that is secure, reliable and provides value for money.