To this end, Branch Controllers and Currency Officers must see themselves as the ambassadors of the Bank. Before I conclude, let me restate that, as the Bank’s representatives in your respective branches and offices, Management expects you to maintain high standards of professionalism and integrity in your conduct, while upholding the Bank’s values.
The Bank conducted a follow-up analysis in the recent on-site examination to analyze how many of the loans classified in the previous examination (1993-94) were later “written off and others” in relation to financial losses (“others” are defined as specific loan-loss provisions, losses from support by  BIS Review 20/1998  -2-  renunciation of claims, and losses from sales of nonperforming loans to the Cooperative Credit Purchasing Company [CCPC]).