Proceedings report from the International Banking Conference 2013, held in conjunction with The Asian Banker Summit 2013 on ASEAN financial integration and the transaction banking industry today.
Regional economies are generally sound, with good long term prospects. While Asian banks grapple with new capital rules in the short term, they are likely to withstand long term stress to their operations.
Driven by declining manufacturing output and regulators’ reluctance to introduce sufficient stimuli, expectations of an economic hard landing in China continue to gain momentum.