Sri Lanka banking outlook
Sri Lanka’s NBFIs safe from risks after proposed gov’t debt restructuring plan
Sri Lanka’s NBFIs safe from risks after proposed gov’t debt restructuring plan
The plan does not directly impact the government debt holdings that NBFIs have stocked up on.
Sri Lanka’s large banks’ outlook worsens amidst new COVID surge
The new COVID surge that began in April may hinder GDP recovery.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 4. Citi nabs BofA banker to lead Chinese banking operations 5. Visa launches AI-powered commerce initiativeResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?