Philippine banks have a huge advantage when it comes to expanding outside the country in the upcoming Association of Southeast Asian Nations (Asean) Economic Community (AEC) integration in 2015, software and technology services company SunGard said.

SunGard’s statement was based on the findings of the Bank Readiness Report, which surveyed of 1,000 bank consumers in 10 emerging countries: Indonesia, Malaysia, Philippines, Thailand in Southeast Asia; and Kuwait, Qatar, Saudi Arabia, United Arab Emirates, Jordan, Bahrain in the Middle East.

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