At the same time, we also noted that there were still uncertainties with regard to the strength of the economic recovery, which implied the existence of uncertainties with regard to the inflation outlook. Since then, some of the downward risks to our main growth scenario have in fact materialised.
How to improve the liquidity of banks’ assets – both loans and investments? For the securitisation markets to develop we need to improve the quality of loan origination, which solely depends upon ‘ownership of decisions’ relating to loan origination.