Dear APABI members:
This is the final edition of our newsletter for 2021, which is the first year we have produced it. This has been a year of slow recovery from the COVID crisis. In fact, many APABI members, including Taiwan, managed to hold off the impact in 2020, only to be hit to various extents this year. We hope to be hearing less about this issue in the coming year.
Meanwhile, several changes have affected the way the banking sector operates. Inflation has finally re-emerged as a concern. ESG finance has finally emerged into its own, playing an unprecedented role in the COP26 conference. CBI, located in the UK, the host country, created a more detailed report, which is linked below. Finally, with the rise of open banking, embedded finance is turning banking into a full-service experience, as detailed below in TABF's own Taiwan Banker Magazine. With these innovations, the banking sector will emerge from the storm stronger than ever.
As you know, the APABI conference next year will be held in Mongolia, hosted by the Banking and Finance Academy. Now is a good time to start thinking about topics of interest, as well as destinations for in-person visits during the trip. If you have any suggestions on these points or any other aspects of the conference, feel free to contact me, as we will start our planning efforts soon.
We look forward to a new year of financial cooperation in the Asia Pacific!
Regards,
Hank C.C. Huang
President, Taiwan Academy of Banking and Finance (TABF) |
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