Today, I will discuss macroeconomic developments, the state of the thrift banking industry and how CTB members can redefine themselves in this constantly changing environment. Macroeconomic conditions and prospects The good news is that in the midst of uncertain global economic conditions, our own macroeconomic fundamentals remain solid and intact.
Since the mid 1990s, when a new public disclosure framework was introduced for banks, a key mechanism for encouraging banks to manage risks prudently has been the need for banks to issue public disclosure statements each quarter.