In The Asian Banker, Nancy So – Deutsche Bank’s Head of Institutional Cash Asia Pacific – discusses developments in the Asian market and the surge in sustainable growth. She explains that this growth is coupled by the rise of e-commerce in Asia, which remains unbeaten in its rate of expansion.
This could provide a huge untapped opportunity for the growth of Asian financial institutions (FIs), however, there are obstacles to consider. So argues that FIs and banks need to stay aware of increasing regulatory scrutiny and should fully utilise global banking providers’ expertise in implementing compliance processes to ease the impact of such compliance on growth. Working closely with their providers will enable FIs to focus on other key growth areas, such as e-commerce transactions and trade finance.
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