The Bank’s total revenues declined by 5.2% in 2020 due to the anemic economic environment brought about by the pandemic. Due to the depressed lending condition, Corporate Banking suffered a 16.5% decline while Retail Banking registered a relatively flat growth rate of only 1.4%. Treasury and Investment Banking compensated for the lower revenue contribution of the Bank’s lending operations by sustaining its higher revenue contribution with 10.7% increase for the year. Overall, Corporate Banking remains the biggest revenue contributor at 50.3%, although its share declined from 57.0% the previous year. Treasury and investment Banking increased its share of income contribution to 43.8% from 37.5% in 2019.