Banking experts say compliance must not stifle innovation

KUALA LUMPUR: Policymakers will need to find an equilibrium between corporate governance and the expansion of Asia's banking and financial industry as growth shifts to the region in the wake of the drawn-out global financial crisis, said banking experts.

Indonesian Banking Development Institute chief executive officer Dr Subarjo Joyosumarto said concentrating on growth alone would not be to the advantage of the industry as hidden dangers in the system would eventually boil over.