Asia's banking industry had weathered the crisis relatively well and the post crisis era will see a more cautious and prudent environment. While the fundamentals of the markets in the region are still attractive, growth opportunities are anticipated to be highly strategic in nature as banks and financial institutions look for synergies to optimize their growth potentials in this new environment.
Over the last few years, we have built a successful franchise in the region gaining invaluable experience and honing our business capabilities in the process. Lessons from the crisis provided us with insights that further strengthened our capabilities and this puts us in a very good position to take advantage of such strategic prospects.