KUALA LUMPUR: While the domestic banking sector has grown in its resilience and importance to the country, one question that has to be addressed is whether it is well-placed to support the development of the real economy, said Citibank Malaysia chief executive officer Sanjeev Nanavati.
“The financial system in Malaysia is in a very good place. There have been many criticisms of the central bank but looking at how things have turned out, it is hard to criticise the outcome,” he said during a panel discussion at the Malaysian Banking Summit 2012.
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