requirethatbothbank\rmanagementandsupervisorsremainparticularlyalerttodevelopment.\rWearefortunateenoughthatourbankingsystementeredthisperiodofweakeconomic\rperformanceinastrongposition.Afterrebuildingcapitalandliquidityintheearly1990s,\rfollowedbyseveralyearsofpost-WorldWarIIrecordprofitsandverystrongloangrowth,our\rbanksnowhaveprudentcapitalandreservepositions.\rInaddition,assetqualitywasquitegoodbyhistoricalstandardsbeforethedeteriorationbegan.\rBuildingonbankingpractices,weareintheprocessofimprovingbothlendingandsupervisory\rpoliciesthatwetrustwillfosterbetterriskmanagement;butthesepoliciescouldalsoreducethe\rpro-cyclicalpatternofeasingandtighteningofbanklendingandaccordinglyincreasebank\rshareholdervaluesandeconomicstability.Itisaneasyroad,Mr.Chairman,butitseemsthatwe\rarewellalongit.
全文预览