I surely hope that this kind of cooperation will continue and be widened in the future so as to positively affect the economic dynamism in East Asia. Second, in the aftermath of the Asian crisis, countries in East Asia have become more conscious in protecting their own national interests and of strengthening their sense of security amidst greater global economic uncertainties.
Our enhanced targeted longer-term refinancing operations (TLTROs), as well as a comprehensive set of collateral easing measures, form part of this component. And the third component relates to our traditional role as a lender of last resort to solvent banks.