Building resilience to rising interest rates through price pass-through, advanced ALM and a shift to floating rates

「The company has identified the transformation to an earnings structure that generates stable income even when interest rates rise as its highest priority. While balancing price pass-through with optimisation of expense levels, it will accelerate the restructuring of its business portfolio and work on initiatives including more sophisticated ALM. It also aims to build an earnings base capable of securing stable income even during periods of rising interest rates by applying variable rates to products and services and strengthening non-interest income.」