Through the years, you have been a vital institutional partner in ensuring a healthy banking industry. Not only have your initiatives been essential in extending the competencies of your member institutions, you have likewise reached out to other constituents to broaden awareness towards saving and financial literacy.
Having spoken my own mind on certain issues and concern in the pursuit of financial stability, let me conclude on a cautious note. The best of the macro prudential policies may fall short when it comes to addressing a serious crisis. Future crisis may still evade all our efforts to foresee it.