Banking giant HSBC says emerging markets like India and China could change the way banking is done in Asia.
A top regional CEO from the bank said the influence by these countries would be felt as they absorb an increasing amount of financial resources available in Asia.rn
rnldblquote The influence of these two economies is going to be significant on all the countries in Asia. That influence is going to manifest itself in various changes to the way the things are done and the banks will have to change with that.”rn
rnldblquote Sri Lanka is fortunate to be at the doorstep of one of the largest economy-India to take advantage of the expansion of that economy,
dblquote Michael Smith, CEO Asia Pacific, HSBC told LBR.rn
-LBR Newsdesk: LBOEmail@vanguardlanka.comrn