CPIEFE services  14  (*) As from January 2014, the new idexes with annual base 2013=100 are used, so they are not strictly comparable with earlier figures. Sources: Central Bank of Chile and National Statistics Institute (INE). Figure 4 Evolution of China's 2014 GDP growth forecast  (percent)  9.0  9.0  8.8  8.8  8.6  8.6  8.4  8.4  8.2  8.2  8.0  8.0  7.8  7.8  7.6  7.6  7.4  7.4  7.2  7.2 13  Mar. May  Jul. Sep.  Nov.  14  Mar. 2010-2014 growth Sources: Consensus Forecasts and Bloomberg. 8  BIS central bankers’ speeches  Figure 5  Cumulative revision to 2014 growth forecast for Latin America (1)  (percentage points) 0  0  -1  -1  -2  -2  -3  -3  -4  -4 Colombia  Peru  Mexico  Chile  Latin Brazil America (2)  Argentina Venezuela  (1) Between January 2013 and March 2014. (2) Countries weighted at PPP by share of each economy according to WEO (IMF). Sources: Central Bank of Chile based on Consensus Forecasts and IMF.
Dimitar Radev: Positive trends in the banking sector are expected to continue in 2019, however with possible increased challenges Publication by Mr Dimitar Radev, Governor of the Bulgarian National Bank, in the Quarterly Bulletin of the Association of Banks in Bulgaria, issue 56, January 2019. * * * In 2018 the banking sector continued to maintain high level of capital adequacy and liquidity, also generating historically high annual profit. Deposits in the banking system increased, lending grew, and the share of nonperforming loans dropped. We expect these positive dynamics in the sector to continue altogether through 2019. Loan portfolios are a primary source of operating income for the banks in Bulgaria, but credit growth is by definition associated with assumption of new risk. At this stage of credit expansion, banks should continue making adequate efforts to manage the credit risk accumulating on their balance sheets. Large part of the central bank’s recent activities, in our capacity as a regulator and supervisor of the banking system, is focused on the risk associated with bank lending. The BNB Governing Council decided to activate the countercyclical capital buffer from this year. In December 2018, the National Assembly passed new legislative amendments, proposed by the BNB, which provide us with an additional macro-prudential toolbox of measures regarding bank lending. It includes for example BNB’s new powers to require enforcement of limiting the loan-to-value ratio or the debt-to-borrower’s income ratio.