热门标签

新2会员网址:Consolidation among banks beneficial, spurs innovation

时间:1个月前   阅读:7   评论:2

erc20和trc20转换www.u2u.it)是最高效的erc20和trc20转换的平台.ERC20 USDT换TRC20 USDT,TRC20 USDT换ERC20 USDT链上匿名完成,手续费低。

Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir

KUALA LUMPUR: Experts believe that a consolidation among banks in Malaysia will be beneficial and bring about a push for a greater innovation.

During the Bursa Malaysia-Maybank Sectorial Series "Why Malaysia” webinar today, Permodalan Nasional Bhd (PNB) chief investment officer, private and strategic investments, Rick Ramli said there will be some benefits from consolidation in the banking sector, especially to the subscale players but mostly in the subsequent months or years.

"The financial market today is very different from the days before the (Asian) Financial Crisis in 1997-1998. Banks have reaped the benefits from consolidation in the sector and most of them are now strongly capitalised and highly resilient,” he said.

According to Khazanah Nasional Bhd managing director Datuk Amirul Feisal Wan Zahir, a consolidation among banks makes a lot of sense for the purpose of sectoral innovation.

He said with a population of more than 30 million population, customers will not be affected by a consolidation and opined that escalating costs have hindered small players in the sector from innovating.

"When you look at the industry itself, compliance costs are getting huge and capital is becoming really expensive.

So when there are smaller entities facing pressures with capital and compliance, it is very difficult for them to innovate and shift to digital, for example, he said.

,

新2会员网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

Hence, Amirul Fiesal said it helps if the sector is sizeable, so that smaller players can innovate, adding that "a lot more can be done” instead of remaining a small player.

"The main thing in a consolidation is about timing and valuation,” he added.

Meanwhile, the Employees Provident Fund (EPF) chief executive officer Datuk Seri Amir Hamzah Azizan said the fund will be supportive of this (consolidation) transformation.

"We look forward to opportunities that come up and will actively support (it) when we can see the value. This doesn't mean, of course, that it's going to be easy.

"But as long as we are clear that the reform is necessary for long term stability, I think we should support (it),” he said.

Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar, however, said a consolidation in the sector should be commercially driven rather than government-mandated.

"Any consolidation in the financial industry must be value driven. At the end of the day, it must bring value to the stakeholders,” he said. - Bernama


转载说明:本文转载自Sunbet。

上一篇:GLOBAL MARKETS-Stocks flat

下一篇:猎球者 --(www.99cx.vip)

网友评论

  • 2022-09-16 01:15:06

    CGS-CIMB Research, meanwhile, projects palm oil stocks to rise 13.5% m-o-m to two million tonnes in August on higher output (+3% m-o-m) and lower exports (-3% m-o-m).亮点很多

  • 2022-12-29 00:06:59

    The moves come ahead of anticipated changes to crypto regulation in the city-state, where authorities are grappling with encouraging innovation on the one hand, while limiting the fallout from collapsing firms and retail investors getting burnt by the volatility in the market. MAS managing director Ravi Menon will seek to address these tensions next week, and has already put the industry on notice that the scope of regulations will be broadened to cover more activities.很好的桥段