4/7  BIS central bankers' speeches  I acknowledge the Committee’s reflection that the Examination has taken some time and it will take some further time to complete, but I will reiterate that lenders are working to the specific timelines which we have imposed, and are required to examine all relevant individual contracts.
The pass-through of the monetary policy measures put in place since June 2014 continues to significantly support borrowing conditions for firms and households, access to financing, notably for small and medium-sized enterprises, and, hence, credit flows across the euro area.