Wealth management is a very competitive business and you remain a relatively small player in the region. It is estimated that the market size for wealth management is close to RM40bil and it is forecast to grow by double-digits up to 2025. Coupled with the impact of low interest rates, the demand for wealth management will become continually stronger and that is the fundamental reason why we and a lot of other financial institutions are focusing on wealth management. We also see growth in Islamic wealth management whereby this is more for Malaysia and Indonesia. How important is consumer banking?The consumer banking sector is intertwined with wealth management so on our side, consumer is extremely important.
