Bankers braced for ‘Trump Effect’ of higher rates and protectionism
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MEMBERS of the Asean Bankers Association have been urged to prepare to deal with the “Trump Effect”, since the expected hike in US interest rates and protectionism could hinder their growth.
The ABA, including the Thai Bankers Association, Monday brainstormed ideas and exchanged experiences and in-depth information on the economic and financial transformation at the upcoming 21st Asean Banking Conference and 46th Asean Banking Council Meeting under the theme of “Enhancing and Strengthening the Roles of Regional Asean Banks in the Context of Growing the Asean Economic Community”.
