And now let us look at the socially responsible practices of the  BIS Review 78/2008  1  NBS: this year, the National Bank will give three scholarships to final year students, who will be obligated to work for the NBS once they complete their studies. More information on this will be available on our website.
In regulation-making we have followed a gradualist approach and have generally been wary of complex and opaque instruments/products. For the same reason, we insisted on the lenders having a ‘skin in the game’ in securitisation transactions, which curtailed reckless origination of loans without proper appraisal with the sole purpose of distributing the same to investors at a later date.