What is particularly clear is that the period of aggressive expansion in the financial sector will be put on pause and that the year 2009 and possibly 2010 will be years of consolidation and grounding, and of more circumspect activity by the financial sector.
In order words, the measures serve a wider purpose – to guard against another credit-fuelled crisis. The Central Bank first introduced the measures in February 2015. We made clear at the time that they would be assessed on a regular basis, but that, given their importance, there would need to be firm evidence for any changes.