Examinations and other supervisory activities conducted as part of the Board's consumer compliance program follow a risk-focused approach and are tailored to fit the risk profile of the bank. This approach ensures that supervisory resources are directed to the products, services, and areas of the bank's operations that pose the greatest risk to consumers.
These upward revisions are mainly driven by the favourable impact of lower oil prices, the weaker effective exchange rate of the euro – and the impact of our recent monetary policy measures.