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Financial services enabler BNY aims to ride Asian growth

There are multiple opportunities for the bank as it provides solutions across a spectrum

Tan Nai Lun
Published Mon, Oct 7, 2024 · 05:00 AM
    • BNY is focused on providing solutions that can help markets operate efficiently and give its clients access to markets.
    • BNY is focused on providing solutions that can help markets operate efficiently and give its clients access to markets. PHOTO: GIN TAY, ST

    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.

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