BIS central bankers’ speeches  However, the economic situation remains very uncertain, and I see considerable risks, on both the downside and the upside, to the forecast I’ve laid out here. While potential spillover from the situation in Europe certainly represents a downside risk to this forecast, I also believe that the steadily improving consumer debt picture represents an upside risk.
Every financial institution has its own development strategy and features, and needs to consider how to position itself in the market, on the basis of the specificities of its clients and what kind of services to provide to such clients.