Though Asia’s banking systems were shaken by the 1997 currency crisis and recent global crisis, growth is paving the way for prosperity once more in Southeast Asia, with the Association of South East Asian Nations (ASEAN) region entering a high-growth period. While growth opportunities for retail banking in Asia are among the biggest and potentially most lucrative, banks will have to move quickly to seize opportunities generated by the key drivers of retail banking in the ASEAN nations: modern consumers, growing prosperity and the promise of new technologies.
This event will connect the entire gamut of banking services to intelligent planning and proactive strategies. It will discuss sustained recovery, through application, for those who will understand the caveat that the global recovery presents. Back to Basics – will be the motto of business; go back to what made you successful in the first place and work within the new parameters. Efficiency and innovative ways in distribution channels, client management, regulatory and strategy will be discussed that will enable financial institutions to grasp more opportunities in Asia’s highly competitive marketplace.
The think tanks will zero in on potential opportunities and expand awareness of the current consumer regime while strategizing how best to reach & deliver products and services to Asia’s booming and affluent consumer market. The Asian policymakers will lay down the new foundations of how the discussed strategies will be a supports to the retail economy providing environments that are conducive to business until it is clear that the recovery is sufficiently robust and self-sustaining. They will also ensure that it is not maintained for so long that it ignites inflationary pressures or concerns about fiscal sustainability
