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From the sentence of the last paragraph, “By embracing modern banking technology, banks can support their customers today, create new value for the future and drive new levels of future growth”, it is inferred that
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In the sentence of the last paragraph “In short, banks are best-placed to succeed if they commit to end-to-end digital transformation”, the phrase In short conveys an idea of
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In paragraph 6, the personal pronoun they, used twice in the sentence “But they also show how they see their industry in the years to come”, refers to the following fragment at the same paragraph:
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According to the 2nd paragraph of the text, after the Covid-19 outbreak, banks initially had to face the following number of challenges:
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The overall purpose of the text is