Tagged: fitch ratings

Digitally Advanced Southeast Asian Banks Expected to Accelerate Digital Transformation Strategies Due to COVID-19: Report

Southeast Asian banks will most likely accelerate their digital transformation initiatives, due to the COVID-19 outbreak and changing consumer behavior resulting from safe distancing measures and lockdowns. Incumbents could be challenged more than ever before, as they might struggle to offer the same level of… Read More

Fitch Ratings Reports: Global Shadow Banking Growth to Begin to Slow in 2016

On Wednesday, Fitch Ratings reported that the growth and success of shadow banks will begin to slow down in 2016 as regulators step up scrutiny of the sector and banks weigh competitive responses. The website revealed that shadow banks are increasingly likely to become victims… Read More

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