Our second measure will allow banks to use loans as collateral with the Eurosystem, thereby unfreezing a large portion of bank assets. It should also provide banks with an incentive to  2  BIS central bankers’ speeches  abstain from curtailing credit to the economy and to avoid fire-sales of other assets on their balance sheets.
In fact, leading indicators of business fixed investment show some signs of stabilizing. Overall, it can be envisaged that the stabilization of Japan’s economy will become more secured as the increase in exports and production, through the improvement in corporate profits, will underpin domestic private demand.