Retail customers today are able to conduct their banking business and asset planning anywhere in the world on their smartphones. And you can use online loan brokerage portals to grant loans to the Mittelstand company of your choice or obtain advice on how to invest assets from a computer algorithm.
We can thus look ahead to the emergence of a more advanced financial system which better serves society at large and, in particular, retail customers in many respects – Mr Gerke, allow me to quote your expectation that the change will make transparency, security and fairness a matter of course in future.