The Financial Services Industry at a Crossroads:
Where to from Here?
The conference examined major issues with which the financial services sector is grappling: governance and risk management;
high delinquency ratios resulting in huge loan loss provisioning; eroding margins; increased capital adequacy requirements;
increased cyber-attacks; high costs of compliance; and critically: the loss of correspondent banking relationships.
“This is a time to engage
team members and
customers; leverage strengths,
and work together to continue
to build the region’s banking
and broader financial sectors.”
Ms Joanna Charles
Chairperson, CAB