Now, that our banking has reached a stage where many of such services are running on tech enabled processes, we can look forward to improving other areas which were not, hitherto, focus of our attention and have huge scope for improvement, such as internal management and back end processes.
To name a few, we have the Bank Distress Index, which is used to identify potential banking crisis episodes in the country; the Philippine Composite Index of Financial Stress, which is used to measure the degree of financial stress across markets; and the Early Warning System on currency crisis and on debt sustainability.