In the post-war decades, Finnish monetary policy was subordinated to a vigorous, government-led growth policy which sought to promote investment and industrialization, and used interest rate controls, capital controls and government-sponsored lending as its instruments. Under this regime, the Bank of Finland’s operational tasks multiplied, including the operation of an extensive system of capital import policies and selective credit guidelines.
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.