Traditional Banking Is Broken — This Is What Happens Next | Pei Si Lai, GXBank

Okay, PC, thank you for doing this discussion.

First of all, I think congratulations.

You're now in charge of the entire region, your Malaysia business, your Singapore business, and your Indonesia business.

Three very different markets.

And I think I want to set the context of today's discussion because I want to take it from the viewpoint of two very important segments for you.

And also, I'm one of them.

The first one being customers, of course.

We all know the travails of the existing banks.

Lots of, too many things to discuss there, right? But I think we need a solution to, I think, iron out the kinks in traditional banks and I think entities like yourselves might one day offer a solution for it.

So I think from the viewpoint of customers, what's coming down the pipeline from GX Bank in the future, I think that's the first segment.

The second segment is obviously the investability of the business.

One day when you come out and obviously, you know, you've got shareholders that want to exit, it's the proposition, which is the ongoing viability of this business.

And whether you can actually one day supply it or even take the place of the existing players one day, who knows, right? Nothing from those two segments.

And I want to start the first question in the context of your graduation from the foundational phase.

I think the regulators set the initial cap of $3 billion in assets from you guys.

Obviously, he's the first one to come out.

Yeah, the first one eligible.

I think really once, if and when you graduate from that foundational phase, what can we expect from GX Bank from that viewpoint?