The implications of Singapore's regionalization program on Singapore banks
The high growth prospects of neighbouring countries have been repeatedly emphasized through the media over the last three years and as the drive to go regional becomes evident, it is imperative that the changing role of banks, both in the domestic economy as well as in the region, be explored. Si...
Saved in:
Main Authors: | , , |
---|---|
Other Authors: | |
Format: | Final Year Project |
Language: | English |
Published: |
2015
|
Subjects: | |
Online Access: | http://hdl.handle.net/10356/63012 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Nanyang Technological University |
Language: | English |
id |
sg-ntu-dr.10356-63012 |
---|---|
record_format |
dspace |
spelling |
sg-ntu-dr.10356-630122023-05-19T06:16:17Z The implications of Singapore's regionalization program on Singapore banks Chong, Juliana Kim Kian Chua, Jill Anne Suyin Loh, Sook Fun Ong Leong Hock Nanyang Business School DRNTU::Business::Finance The high growth prospects of neighbouring countries have been repeatedly emphasized through the media over the last three years and as the drive to go regional becomes evident, it is imperative that the changing role of banks, both in the domestic economy as well as in the region, be explored. Singapore's Regionalization Program is expected to significantly change the structure, operational demands, and potential profitability of the banks in Singapore. The aim of this project is to examine the reasons why Singapore banks need to go regional and the implications for this expansion abroad. The widening contrast between the limited potential in the local market and the bountiful opportunities existing in the region will induce Singapore banks to expand abroad aggressively over the next few years. With regionalization, the related growth, profitability, and risk management issues come to the forefront of the agenda for top level bank managers. A survey was therefore conducted among top level bank managers to gather consensus opinions about the key issues in the regionalization process. The project also highlights the more recent potential areas of growth and profitability like venture capital, project financing and loan syndication, and private banking as well as the problems and risks faced by Singapore banks in their regional expansion. The survey results indicated that the recruitment of qualified personnel in the regional market, difficulties in assessing credit quality of bank instruments, and regulatory restrictions continue to be main areas for bankers as they regionalize. Singapore banks, in seeking to regionalize should identify the niche areas where they have strengths and establish the optimal level of risk they are willing to take in each new market. The ability to redress their deficiencies as compared to foreign banks will have a vital impact on the future success as regional banking players. BUSINESS 2015-05-05T03:34:23Z 2015-05-05T03:34:23Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/63012 en Nanyang Technological University 105 p. application/pdf |
institution |
Nanyang Technological University |
building |
NTU Library |
continent |
Asia |
country |
Singapore Singapore |
content_provider |
NTU Library |
collection |
DR-NTU |
language |
English |
topic |
DRNTU::Business::Finance |
spellingShingle |
DRNTU::Business::Finance Chong, Juliana Kim Kian Chua, Jill Anne Suyin Loh, Sook Fun The implications of Singapore's regionalization program on Singapore banks |
description |
The high growth prospects of neighbouring countries have been repeatedly emphasized
through the media over the last three years and as the drive to go regional becomes
evident, it is imperative that the changing role of banks, both in the domestic economy as
well as in the region, be explored. Singapore's Regionalization Program is expected to
significantly change the structure, operational demands, and potential profitability of the
banks in Singapore.
The aim of this project is to examine the reasons why Singapore banks need to go regional
and the implications for this expansion abroad. The widening contrast between the limited
potential in the local market and the bountiful opportunities existing in the region will
induce Singapore banks to expand abroad aggressively over the next few years. With
regionalization, the related growth, profitability, and risk management issues come to the
forefront of the agenda for top level bank managers. A survey was therefore conducted
among top level bank managers to gather consensus opinions about the key issues in the
regionalization process. The project also highlights the more recent potential areas of
growth and profitability like venture capital, project financing and loan syndication, and
private banking as well as the problems and risks faced by Singapore banks in their
regional expansion.
The survey results indicated that the recruitment of qualified personnel in the regional
market, difficulties in assessing credit quality of bank instruments, and regulatory
restrictions continue to be main areas for bankers as they regionalize. Singapore banks, in
seeking to regionalize should identify the niche areas where they have strengths and
establish the optimal level of risk they are willing to take in each new market. The ability
to redress their deficiencies as compared to foreign banks will have a vital impact on the
future success as regional banking players. |
author2 |
Ong Leong Hock |
author_facet |
Ong Leong Hock Chong, Juliana Kim Kian Chua, Jill Anne Suyin Loh, Sook Fun |
format |
Final Year Project |
author |
Chong, Juliana Kim Kian Chua, Jill Anne Suyin Loh, Sook Fun |
author_sort |
Chong, Juliana Kim Kian |
title |
The implications of Singapore's regionalization program on Singapore banks |
title_short |
The implications of Singapore's regionalization program on Singapore banks |
title_full |
The implications of Singapore's regionalization program on Singapore banks |
title_fullStr |
The implications of Singapore's regionalization program on Singapore banks |
title_full_unstemmed |
The implications of Singapore's regionalization program on Singapore banks |
title_sort |
implications of singapore's regionalization program on singapore banks |
publishDate |
2015 |
url |
http://hdl.handle.net/10356/63012 |
_version_ |
1770564174231896064 |