Emerging Challenges in Banking in Asia and the Pacific

This is an Open Access book.

Global interconnectedness and rising risks from climate change, technological disruption, and inequality have made crises an increasing threat to banking stability in Asia and the Pacific. This book examines how banking systems can remain resilient in the face of future shocks, drawing lessons from past crises and current policy challenges. Across eight chapters, it explores digital disruption, cybersecurity, financial inclusion, crisis preparedness, monetary and prudential policy, central bank digital currencies, and climate related risks. Using evidence from countries across the region, it shows how innovation, regulation, and sustainability are reshaping banking. The volume offers practical policy recommendations for building stable, inclusive, crisis ready, and climate conscious banking systems.

This timely book offers critical insights into navigating the complex landscape of banking in Asia and the Pacific.  

                                                                                  -  Prof. M.K.Hassan, University of New Orleans

This volume provides an exploration of the twin imperatives reshaping Asian banking systems: the digital revolution and the sustainability transition.  

                                                                                - Prof. Barbara Casu, Director of the Centre for Banking Research & Deputy Dean (Faculty and Research), Professor of Banking and Finance, Bayes Business School

This volume navigates the complex nexus of historical legacies and emerging macro-financial risks to offer a vital roadmap for restoring and maintaining banking soundness and sustainability.  

                                                                                - Mrs. Sureka Ketawala, Additional Director, Bank Supervision Department, Central Bank of Sri Lanka