As I have mentioned, the results of these efforts are already visible in the reduction of the stock of NPLs, but a lot remains to be done to optimize the management of these assets and speed up the solution to the NPL problem. A first crucial issue is information quality.
But the fruitful interactions with my valued colleagues from the SARB and others from the African central banking and supervisory community have always made the trip worthwhile. Saying that, I am also looking forward to the discussion with you today. Before the lunch break, Bill Coen and Adam Farkas already spoke, among other things, about Basel III.