Furthermore, it is prudent to minimize the number of legislative actions to ensure effective program implementation. The program had an excessive number of legislative actions that contributed to program implementation delays. In addition, a salient feature of this program is the transparent and effective approach to monitoring the restructuring of a bank. This feature can be applied to other similar entities. The key performance indicators that were embedded in People's Bank Strategic Plan 2009-2014 were rigorously reviewed on a biannual basis to ensure that the bank restructuring was on track. These key performance indicators were comprehensive and broad-based and encompassed major aspects of operational activities such as capacity adequacy, asset quality, management, earning, and liquidity.
Financial Markets Program for Private Sector Development