In line with other countries, a more decisive step would be to introduce Institutional Protection Schemes (IPS), which do not remove the autonomy of individual banks but give rise to mutual support agreements that can be activated in the event of capital or liquidity needs.
Expenses, income and structural changes in the banking industry The significant progress made in overcoming the grave difficulties of some banks and the gradual improvement in balance sheet conditions throughout the banking industry are undoubtedly positive developments.