Banks in T&T are adjusting to new challenges this year, including lower oil prices, slower economic growth, tightening interest rates and political uncertainty in the run up to elections. But overall performance so far this year is largely positive, with the eight main banks remaining well capitalised and profitable.
A visit by President Joko Widodo in April threw a spotlight on the Indonesia Stock Exchange (IDX), with the exchange’s benchmark hitting an all-time peak of 5523.29 in the days before the visit.
A gradual increase in economic activity and demand for credit should support both loans and earnings in the Thai banking sector, although a shift away from consumer lending is likely to continue and low interest rates may prompt banks to tap into other revenue streams.
What challenges does Mongolia’s economic slowdown pose for the banking sector? Where are there opportunities for growth?
In some ways, Mongolia can be considered “well-banked” in terms of banking access. It has one of the highest branch per capita ratios in the world. At 69 per 100,000 (according to World Bank 2012 numbers), it has far more banking outlets for each inhabitant than its peers and neighbours: South Korea is at 18; China, 8; and Russia, 38. Additionally, over 80% of Mongolians...
What is the importance of attracting increased foreign investment? How has balance of payments (BoP) pressure impacted economic stability?
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