It is changing the way funds are raised, used, lent and borrowed, remitted. It is impacting not just entrepreneurs and businesses, but also ordinary bank and financial customers. Not just that, the regulators across the world are sitting up and closely monitoring the developments with great interest.
On the contrary, we believe that capital strength and the resilience it demonstrates offer some competitive advantages and instill market confidence. That is a key reason that most of the world's largest banks hold capital in excess of minimum regulatory standards. Creditors and counterparties will always consider capitalization when assessing the risks associated with these banks.