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OUTLOOK 2017

Banks hope for warmer Asean ties to brace anti-trade chill

Within the region, Indonesia is in vogue in 2017

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"To be a leading Asian bank, winning in China, India and Indonesia - the region's biggest economies - is crucial to our long-term success . . . India and Indonesia will be our big areas of focus in 2017." - Piyush Gupta, CEO, DBS

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"As today's millennials become the largest segment of the local workforce and form the backbone of the future economy, UOB is also focused on extending our footprint in this segment." - Wee Ee Cheong, CEO, UOB

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"2017 is probably going to be like the second half of 2016, where there is lack of confidence and uncertainty. There will probably be a lot more events, and government or monetary policies will continue to be unsteady." - Samuel Tsien, CEO, OCBC Bank

Singapore

ASIAN banks are hoping for a closer huddle within the region amid the chill of anti-trade sentiment in the wake of Brexit and the US elections, with Indonesia in vogue this year.

As it is, the banks are already tackling a host of tougher regulations, slower global growth

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