Results positives: 1) Loan/deposit growth was healthy at 2.9%/3.1% in 2Q20. Majority of new loans went to corporate side (+9.9%) in 1H20, but management said retail loan extension started to accelerate in 2Q20 and should account for more than 40% of full-year loan growth. 3) Non-interest income was up 8.8% YoY, driven by management service fees and investment gains. 3) Wealth management business capacity enhanced, with retail AUM +8.2% HoH, no. of OTO fortune customers +8.5% HoH, and private banking clients +13.3% HoH.