11th Malaysian Baning Summit

Governor Bank negara Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz today 19july 2007 have a speech at Nikko Hotel, Kuala Lumpur about 11th Malaysian Banking Summit - "The Malaysian Banking Industry Reinvention and Transformation"

In looking at the future terrain of the financial sector in Malaysia, six trends are particularly important :

• The changing configuration of the global economy and global financial markets;
• Regional economic and financial integration
• Financial sector development amidst increased liberalisation in the Asian region;
• Increased role of domestic demand in the Asian economies;
• fifth , growing significance of Islamic finance in the international financial system
• Developments in the regulatory structures and approaches. It can be expected that all these trends will have a significant bearing on the future of the banking industry.

update at 19/7/2007