The Business Times
business-time-50
SUBSCRIBERS

Asia holds promise for banks amid China reopening, says StanChart CEO Bill Winters

google-preferred-sourceAdd BT as a preferred source
Tan Nai Lun

Tan Nai Lun

Published Mon, Apr 3, 2023 · 06:50 PM
    • Regional economic activity remains robust in spite of the recent banking crisis, says Bill Winters, group chief executive of Standard Chartered.
    • Regional economic activity remains robust in spite of the recent banking crisis, says Bill Winters, group chief executive of Standard Chartered. PHOTO: YEN MENG JIIN, BT

    STANDARD Chartered group chief executive Bill Winters sees China’s reopening playing a meaningful part in the bank’s growth this year.

    Arriving in Singapore after his visit to China, Winters added that regional economic activity remains robust in spite of the recent banking crisis.

    “Thankfully, we are in quite good shape from a credit perspective,” he said in a media briefing on Monday (Apr 3). Here are some excerpts from the interview:

    Standard CharteredChinaAseanTradeFinancial institutions

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.

    Is it time to scrap COE categories for cars? 

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    Indonesian President Prabowo Subianto and Russian President Vladimir Putin met at the Kremlin in Moscow on April 13.

    As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More