Connected Corporate Banking in Asia-Pacific
Key research questions
- How is corporate banking performing in APAC?
- What are the trends driving corporate banking technology investment in APAC?
- Why is there an urgency for banks to embrace a comprehensive corporate banking digital strategy in Asia-Pacific?
Celent sought to understand APAC corporate banking, drilling into operating income performance, segment revenue, technology trends, and opportunities and challenges.
The Asia-Pacific region dominates the global bank profit picture, with 43% of total global bank profits generated in the geography. Another key contributor to bank financials is corporate banking. In 2017, corporate banking was responsible for 39% of overall operating income across the 20 banks in Celent’s analysis. Looking at the transaction banking segment, the APAC region leads the world in revenue growth, both past and future.