Yes, they need to be innovative in order to increase their participation in economic development. Yes, there still exists a wide financing gap. But that gap cannot just be filled by commercial banks alone. Commercial banks may not have sufficient resources to provide long-term loans for investment purposes because of the structure of their balance sheets as explained by me earlier.
Other players do need to play their role as well, including the authorities. The challenge is for all of us to come up with workable but lasting solution. BIS Review 24/2001  5  I thank you for your rapt attention. 6  BIS Review 24/2001