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Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
From Kasikornbank in Thailand to HDFC in India, large corporates increasingly turn to local Asian banks over global players to meet their corporate banking needs in Asian markets.
Malaysian telco Axiata Group is well on its way to centralising its treasury. The journey should inspire more MNCs to do the same.