As for the resilience of the banking system, I can say that the regulatory actions of the regional central banks have categorically shown that our banks are able to overcome the market risk related to the current macro instability in the global market. However, we need to constantly reinforce the resilience of the banking industry and guard against over-confidence.
Ladies and gentlemen, we should be grateful for the strength and resilience of the banking industry when confronting these various risks and shocks. Industry performance has steadily improved. Bank profits remain healthy and are in line with expansion of the intermediation function and with efficiency improvements, as well as effective risk management.