Banking sector’s long term sustainability requires a more fundamental change accompanied by (i)  Greater degree of consolidation to provide a stronger and robust banking system;  (ii)  A system that is well diversified and competitive;  (iii)  Stronger corporate governance and risk management aligned to principles of Basel II; and  (iv)  Financial system which is socially inclusive and facilitates access to financial services.
Although finance has help promote economic growth, but its contribution to providing access to finance to poor and disadvantaged region is limited. 6  BIS Review 5/2007