Islamic Finance March 31, 2011, marked another milestone in the development of our banking sector with our very first full-fledged Islamic bank, Century Banking Corporation, launching its operations.
With these changes in the environment surrounding financial institutions, the Bank of Japan has recognized the increased importance of adequately assessing any future threats to the safety and soundness of financial institutions. This implies nothing more than further strengthening and promotion of the same kind of examination focused on risk management as in the past.