The COVID Pandemic has caused widespread disruption globally to nations, economies, business and society. The banking sector is not spared. In fact banks globally have to face the brunt of reduced earnings as well as higher loan provisions with an almost universal loan moratorium to save businesses. Hence in the new normal banks have to cope with new challenges. Disruptive change is the new normal for banks and businesses worldwide.
Increasing use of new technology, the emergence of digital banks, the need to enhance operational effectiveness and productivity as well as the war for talent are among some of these challenges. How will Malaysian banks cope with these new challenges and strategic issues? How can Malaysian banks keep abreast of new global and technological trends? What are the threats and risks facing banks in the new normal.
Like the old saying, every dark cloud has a silver lining, the tough challenges ahead will also create new opportunities. What are the new opportunities for banks in Malaysia? What are the new niches?
The 2021 Malaysian Banking and Finance Summit is a high-level event bringing together senior bankers, technology experts and thought leaders to share their perspectives and exchange ideas and knowledge. The Summit will provide a timely opportunity to discuss the post Pandemic challenges facing banks and financial institutions in the new normal.
Participants will be able to feel the pulse of the economy, the business community and the banking sector.
This summit is co-organised by the Economic Club of Kuala Lumpur and the KSI Strategic Institute for Asia Pacific.