Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year.
Asia Financial Services
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Increased product awareness and sustained economic expansion are fuelling double-digit growth in the Philippines’ insurance sector, as the emergence of micro-insurance products helps boost penetration rates and premiums.
Interviews & Viewpoints | Linus Goh, Head of Global Commercial Banking and Executive Vice-President, Oversea-Chinese Banking Corporation: Interview from The Report: Myanmar 2016
In recent years Myanmar’s economy has undergone significant restructuring. How would you assess its financial sector reform so far?
Interviews & Viewpoints | Brad Jones, CEO, Wave Money, on how mobile financial services can benefit the country: Viewpoint from The Report: Myanmar 2016
The government of Myanmar has an ambitious target for financial inclusion, with a goal of bringing financial services to 40% of people by 2020, and having 15% of the population using more than one financial product within the same timeframe. There is a very low base of financial inclusion today, with only 6% of the population having access to...
Articles & Analysis | Myanmar's insurance sector moving forward with confidence from The Report: Myanmar 2016
For most of the last half century Myanmar’s insurance sector was closed and monopolised, but it is now opening up to both domestic and international competition. The transformation has been rapid and across the board. A dozen domestic private insurers have been formed since 2013, while a raft of foreign companies have opened representative...
Articles & Analysis | Myanmar financial institutions explore the market from The Report: Myanmar 2016
Since the political reforms of 2011, a number of significant steps towards liberalisation have been taken in the banking sector. The Central Bank of Myanmar (CBM) has been given much needed autonomy and ATMs are now allowed in the country. Further aiding accessibility, mobile banking services have been introduced. New private banks are being...