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      "text": "Does your bank have plans to establish a GenAI team/sub-unit in the future? (n=29)",
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      "text": "1. Insufficient internal expertise on GenAI\n2. Regulatory ambiguity and volatility surrounding GenAI\n3. Cost/budget constraints\n4. Perception of inadequate return on investment\n5. Inadequacy of ancillary support\n6. Low prioritization of GenAI",
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      "text": "Source: EY Parthenon Retail and Commercial Banking GenAI Survey July 2023 (n=151)",
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