As a result, we now have policies that empower strong and capable banks to have a wider scope and scale of operations to make them effective and meaningful providers of financial services to more Filipinos.
The methodology of the exercise will be clearly explained, and the market will be informed of the results and supplied with the information needed to evaluate them properly. The  BIS central bankers’ speeches  5  involvement of outside experts, avoiding potential conflicts of interest, will enhance the credibility of the exercise.