The Asian Banker

Chinese banks must be able to adapt to current market dynamics to stay competitive
Remarks by Fan Wenzhong, director general, international department, CBRC, at the China International Banking Convention 2013, on the changing banking landscape in China.

May 16, 2013 | Fan Wenzhong

From a regulator’s point of view, I would like to first provide you with a brief overview of the recent macroeconomic environment, what the Chinese banking sector has achieved over the past year, and insights and advice to banks in response to the on-going and profound market changes. I. Recent macroeconomic environment and Chinese banking performance Almost five years on since the financial crisis erupted in the autumn of 2008, the global economic recovery and financial reforms remain a painful and protracted process. In the Eurozone, economic activity remains…

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Categories: Basel III, Capital & Strategic Issues, China, Operational Risk, Regulation, Retail Banking, Risk and Regulation, SME Banking, Trade Finance, Transaction Banking
Keywords: The Asian Banker, China International Banking Convention 2013, Fan Wenzhong, CBRC, FATCA, Market Risk, Credit Risk
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