Affluent banking customers are on the rise in Southeast Asia, compelling regional banks to adapt to meet their financial needs. As old wealth-management models fail to satisfy today’s high-net-worth individuals’ demands, what steps can banks in emerging markets take to enhance their offerings? Malaysia’s experience provides an example. The post Redefining Affluent Banking in Emerging Markets: Lessons from Malaysia’s Wealth-Management Evolution appeared first on International Banker.| International Banker
Azrul Mohd Khalib says uptake of life & critical illness insurance like Tenang and i-Lindung for the low-income was poor. Govt's new MHIT shifts the burden to individuals. "Policymakers must resist the urge to mortgage our future for today’s convenience."| CodeBlue
