In  BIS Review 33/2010  1  order to forestall the impact of the crisis, policy makers deployed both conventional instruments (such as cutting key policy interest rates and increasing public spending) as well as a battery of non-conventional ones.
All the same, I am confident that the cooperation between banks and enterprises will still be of great importance going forward. For SMEs, in particular, the relationship with their principal bank continues to play a vital role – not least because trust is built on past experience.