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Key trends accelerating Asia-Pacific banking growth in 2022
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Asia-Pacific banks have largely moved cautiously and in lockstep these past years, resulting in increasingly commoditized offerings. To emerge from the shadow of COVID-19 and achieve distinctiveness among their peers to pull ahead of the pack, they need to take more decisive actions to eke out fresh approaches for accelerated growth. Only then, can they transform and transition to top-decile performers that are more resilient and future-ready for tomorrow.
In this episode, we discuss the transformational trends in consumer banking and the role of technology and digitization in creating opportunities for the existing and new players, the role of FinTechs and neobanks in tilting the competitive playing field toward areas where they enjoy advantages, and the likely sentiment of banks as they look to evaluate and expand their presence to capture a large market share.
Tune in to a conversation with EY Banking & Capital Markets leaders, Jan Bellens, Tzu-Chung Liang, and Andrew Gilder.
If you would like a conversation on how EY teams can help your bank to navigate digital innovation, new business models and ecosystem partnerships in order to transform and achieve growth, please contact Andrew Gilder, EY Banking and Capital Markets Leader via LinkedIn or visit www.ey.com/en_sg/banking-capital-markets.
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