Such a level of operation became possible because many of the parties involved, including private financial institutions, have made thorough preparations for business continuity risks in normal times. Despite devastating damage to their offices, financial institutions in the disaster areas have maintained or resumed business operations at teller windows through strenuous efforts, by utilizing temporary offices and also mobile ones.
I have deep respect for and feel very reassured about such efforts by those involved. Second, the Bank worked to ensure stability in the financial markets. In the money market where financial institutions exchange funds, in order to avoid a heightening of anxiety, the Bank provided ample funds sufficient to meet demand over a period of successive days since the earthquake.