Asean banking systems are better prepared for potential market volatility than during the period leading up to the 1997 financial crisis, Fitch Ratings said.

In a report released on Friday, the debt watcher stressed that Southeast Asian banks had made good strides in the aftermath of the 1997 meltdown.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details