Asia Financial Services

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Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.

Despite easing inflation, Myanmar is likely to maintain interest rates at the current level throughout much of 2018; however, the central bank has suggested other measures to ease lending constraints and stimulate the banking sector.

Malaysia is increasingly turning its focus towards environmentally friendly Islamic finance, with new product offerings looking to raise capital for sustainable development projects.

Proposed incentives to encourage mergers, combined with the implementation of new banking standards, could lead to greater consolidation within Thailand’s banking sector, which the government hopes will strengthen lenders amid plans to fast-track industrial growth.

 

In an increasingly digitalised global market, the transition from brick-and-mortar institutions to electronic applications is occurring in various industries, and electronic transactions are replacing traditional commerce in both the personal and professional arenas. Banking is pivotal to the expansion of financial technology ( fin-tech) as...

 

With a population of approximately 260m and the fourth-largest economy in Asia, Indonesia is one of the world’s biggest potential banking markets. Growth in profitability, loans and assets has been stronger than in other ASEAN countries, although an economic slowdown in 2015 and early 2016 curbed sector growth before an upswing in 2017.

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