Notwithstanding the above, capacity building, both in banks and the regulatory bodies is a serious challenge, especially with regard to adoption of the advanced approaches. We have initiated supervisory capacity-building measures to identify the gaps and to assess as well as quantify the extent of additional capital which may be required to be maintained by such banks.
Secondly, a decision about the timing of the exit from the very low level of interest rate requires a close monitoring of all relevant developments. Any measure which could pose an upward risk to price stability will be withdrawn in a timely fashion.