Future Role of Foreign Banks in Asia
Published By: ADBI on eSS | Published Date: January, 08 , 2003Although the Asian Crisis has brought consensus on the necessity of
strong domestic financial systems, there is less agreement as to the role of
foreign banks in achieving the goals of economic growth and stabilization.
Foreign banks are one obvious source to turn to for the capital so badly
needed in the region. Proponents of foreign bank entry argue that foreign
participation is a vital part of creating a vibrant financial system including
a wide range of financial services and industries. [ADBI Research Policy Brief No. 6]
Author(s): Heather Montgomery | Posted on: Mar 10, 2011 | Views(982) | Download (129)