After the publication of relevant guidelines by the European Commission, the possibility of transferring NPEs to one or more central entities to be set up for this purpose could be considered. Moreover, banks should revise their business plans with an emphasis on developing new operations and further cost-cutting. However, there is no room for complacency.
I am confident that throughout this Conference there will be very good ideas shedding light on the path we have walked in Argentina in recent years which engages us all in strengthening development and equity. Thank you very much. 2  BIS Review 113/2010