My best wishes are with the institute to build more bridges between the training and trainee fraternity, bring in more innovation and technology in training methodology and target untapped reservoirs of talent in banks and financial institution. Thank you. BIS central bankers’ speeches  5
Monetary policy transmission via the banking system requires that banks have sufficient capital to increase their lending, and hence risk-taking. In 2014, the ECB conducted a comprehensive assessment of the balance sheets of banks in the euro area. Completion of the comprehensive assessment, together with the steps taken by the ECB, is improving monetary policy transmission to the real economy via bank lending.