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Asia Pacific Banking and Financial Services Sector Monitor
Asia Pacific Banking and Financial Services Sector Monitor
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The combination of challenging market conditions as well as increased regulatory requirements and restrictions has raised concerns about the banking sector’s longer-term profitability and growth prospects in Asia Pacific. The Asia Pacific regional economy continued to experience a slowdown in the midst of a volatile global environment. Global trade, while improving, remains historically weak and as a consequence, economic growth amongst many of the region’s export driven economies is decelerating. While signs of slowdown have also emerged in growth markets, overall economic activity has remained relatively robust.
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