Ultimately, this will help preserve overall integrity and stability of the banking system. In fact, there are already a number of success stories on governance at the institution level. Let me briefly highlight some of them. One universal bank was able to exit from its 5-year rehabilitation program, partly due to improvements in corporate governance and oversight.
This generated positive results, highlighted by a reduction in the Bank’s NPA ratio, strengthening of its capital position and improvement in the Bank’s profitability and liquidity. Another bank was able to achieve progress in building up its capital.