As part of their customer education and awareness efforts, the CICs should be able to effectively communicate the benefits of lower interest rates that the consumers may derive if they are perceived as ‘good borrowers’.
As such, we now undeniably have a more consistent overall operating framework for the EMU. 1/4  BIS central bankers' speeches  However, as several speakers at this Conference have already noted, the progress we have made so far, although impressive, is still not enough.