Financial services enabler BNY aims to ride Asian growth
There are multiple opportunities for the bank as it provides solutions across a spectrum
THE development of economies and markets around Asia is expected to help BNY grow in the region, given its role as an enabler for financial services.
The bank is focused on providing solutions that can help markets operate efficiently and give its clients access to markets, said Hani Kablawi, senior executive vice-president and head of international for BNY.
The Asian Development Bank expects the region to double its share of global gross domestic product to 52 per cent by 2050. And Kablawi believes the Asia growth story will create opportunities, given that BNY provides services across the developing cycle of countries.
TRENDING NOW
SIA sinks into the red with S$76 million Q1 loss as fuel costs jump
15-month wait-out curb lifted for private property owners buying HDB resale flats
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap