When transiting to a knowledge society and to be a successful banker, it is critical to be information literate. 10. Thou shalt avoid complacency during good times and not lose hope during bad times This is a very important commandment of a good banker because complacency hampers progress and may lead to sharp downfall and loss.
However, despite there being macroeconomic preconditions for starting a cycle of key policy rate cuts, this process might be impeded by the materialization of risks to financial stability (that were mentioned in the statement of the Financial Stability Council last week), and to the central bank`s independence.