Asia banking on expansion
By Alfred Romann in Hong Kong For China Daily | China Daily | Updated: 2014-05-05 08:19
Institutions are crossing borders to serve millions of marginalized clients and the new super-rich
As a growing and increasingly affluent consumer class emerges across most of Asia, regional banks are focusing on extending their reach.
Banks from almost every country in east and south Asia are planning to expand on their home turf and regionally. The largest banks from Japan, the Chinese mainland, Hong Kong, Singapore, Indonesia and Malaysia are even looking to expand globally.
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