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.
Although much has been accomplished, a lot more still remains to be done. In this current globalisation era, the speed of change is rapid. Our achievements up until now do not guarantee success tomorrow. We have always relied on this awareness as the foundation of banking industry policy. From here every step needs to be carefully and cautiously calculated.