PETALING JAYA: Asia-Pacific (Apac) banks are expected to face shrinking margins and dwindling returns on equity (ROE), in light of weakening balance sheets, slower macroeconomic growth and disruptive financial services from start-up companies.
According to management consultant firm McKinsey, Apac banks are already experiencing a decline in ROE, which has fallen from 15% in 2013 to 14% in 2014.
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