Features by Asiamoney

Asiamoney,
Wed Aug 1st, 2012 - No Comments

Asian banks seek regional growth amid Western rival withdrawal

A combination of financial crises and political pressure has forced Western banks to retreat from Asia. Regional lenders are proving quick to fill the gap, and some could go further and become truly international players. Elliot Wilson reports.

The global financial crisis of 2008 and the subsequent eurozone disaster have had many ramifications. A less-obvious one is the potential for Asian banks to become some…

 

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