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But in the news release, she pledged "to do my best to lead this department, which is so critical to the functioning of the banking system".
In addition, desired functioning of the banking system plays an important role to improve the economic actions.
Instead, it was ensuring that banks could obtain enough money at that level to facilitate the normal functioning of the banking system, while not offering a bailout to borrowers who have larger mortgages than they can afford nor to the hedge funds and other investors who bought securities based on those home loans.
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Other variants on this theme would separate two core functions of the banking system – taking customer deposits and financing loans.
It's banks refusing to lend to other banks — even though that is one of the most essential functions of the banking system.
It's a basic function of the banking system," said Michael Jackson, partner at Mangrove and previously COO of Skype.
One function of the banking system is making payments; the volume has gone up over the last couple of years.
It didn't seem to have much to do with the intricacies of the Argentine government until the organizer asked whether anyone could explain the function of the banking system.
Investors are more interested in the rate at which things have moved than on questioning the solvency of the banking system and functioning of the economy, Mr. Creatura said.
Indeed, at least some of the pain we are going through now is the result of the banking system's not functioning properly).
As we explored here, in past boom-bust cycles, monetary inflation was largely a function of the asset purchase and loan activities of the banking system.
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