The Asian Banker
中文
LoginSubscribe

“NPLs will remain low even when everybody is paying back through refinancing from other lenders”
Speaking at the World Capital Markets Symposium recently held in Malaysia, Lord Adair Turner, former chairman, FSA UK, said he did not feel NPL levels as being good forward indicators of any crisis looming.

Oct 24, 2013 | Timothy Shim

The World Capital Markets Symposium 2013 was recently held in Kuala Lumpur, Malaysia, with keynotes delivered by high profile speakers including Lord Adair Turner, former FSA UK chairman, Sheila Bair, former chairperson, US Federal Deposit Insurance Corporation, and Dr Fareed Zakaria, editor-at-large of Time magazine.

Opening the symposium, Datuk Ranjit Ajit Singh, chairman of Securities Commission (SC) Malaysia, said that “even five years on from the collapse of Lehman Brothers, markets still need to be redefined, and trust and confidence have yet to be fully restored”. This gave rise to this year’s theme on "Redefining Markets: Sustaining Growth and Resilience" which saw discussion on the growing role of Asia and the impact an integrated ASEAN would have on the dynamics of the region.

Lord Turner in delivering his keynote speech noted that Malaysia should not take as gospel high bank core equity ratios and non-performing loans levels as an indicator of the health and stability of its financial system.

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories: Capital & Strategic Issues, Exchanges, Markets & Exchanges, Risk and Regulation, Trading & Data
Keywords: World Capital Markets Symposium 2013, Lord Adair Turner, Sheila Bair, Dr Fareed Zakaria, Datuk Ranjit Ajit Singh, SC Malaysia
Add a new comment:




Allowed tags: <b><i><br>



Comments (0)



Show Less
About us | Jobs and Internships with us | Contact us | Advertise with Us | | Privacy Policy | Copyrights Requests | Legal Notice | Feedback
RSS FeedRSS Feed | Follow us on Linkedin Twitter Facebook
Copyright 2014, The Asian Banker. All Rights Reserved .