In the context of commercial banking where past credit-related failures have had substantial and widespread effects, we also have close government supervision, that has focused primarily on risk management practices and controls relating to evolving market practices. I would not for a minute suggest that such oversight ensures that all will go well in the future.
On behalf of my colleagues at the Monetary Board and the BSP family, I thank all of you and look forward to making our partnership grow and our collaborations deeper and more meaningful. Ladies and gentlemen.