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International bankers meet in Taipei to discuss business strategies

International bankers meet in Taipei to discuss business strategies

Taipei, Nov. 13 (CNA) More than 200 banking experts from 22 countries gathered in Taipei on Friday for the final session of the annual ABA (Asian Bankers Association) General Meeting and Conference to discuss, among other topics, strategies for dealing with the current market challenges. Focused on the theme "Asian Banks: Growing Beyond Borders," the two-day meeting featured sessions on regional integration, managing a multi-cultural and multi-generational customer base, going digital, and business strategies to meet current market challenges. Brett King, co-founder and CEO of Moven, a New York-based mobile banking startup, was invited to speak about consumer trends amid the rise of mobile banking and mobile payment services. Meanwhile, Richard C. Koo (???), chief economist of Nomura Research Institute, gave a keynote speech on "The Escape from Balance Sheet Recession and the QE Trap." The participants in this year's meeting included Nestor Espenilla, deputy governor of the Philippines' central bank; Antonio Massanell, deputy chairman of Caixa Bank, the third-largest bank in Spain; Majid Ghassemi, vice chairman of Bank Pasargad, the largest bank in Iran; and Richard Hartung, head of content Asia-Pacific of the European Financial Management Association. Daniel Wu (???), chairman of ABA and president of Taiwan's CTBC Financial Holding Inc., said the ABA is the largest international financial organization in the Asia-Pacific region and is accredited by the Asian Development Bank. Wu said that since assuming the position of ABA chairman, he has been working to increase opportunities for members to interact with the international community and has been promoting the development and cooperation of banks in the Asia-Pacific region. It was the fifth time that the conference was held in Taiwan since the ABA's foundation in 1981. (By Tien Yu-pin and Y.F. Low)


Updated : 2021-09-24 05:49 GMT+08:00