The implementation of the Basel II capital adequacy framework, with the steady enhancements from the standardized approach to the use of internal models;  3. The adoption of international accounting standards;  4.  the enhancement of corporate governance structures, particularly in developing oversight capacity of the Board of Directors to promote proper risk management environment;  5.
The high growth phase that started in the 1980s has now lasted for three decades, with the pace of the 1980s being maintained in the 1990s before it accelerated further in the next decade.