Veerathai Santiprabhob: Transforming financial services to meet the needs o the growing ASEAN Economic Community (AEC)

Speech by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the 21st ASEAN Banking Conference, Bangkok, 28 November 2016.

Chairman of the ASEAN Bankers' Association Chairman of the Thai Bankers' Association Deputy Governor of the National Bank of Cambodia Chairpersons, CEOs, and Top Executives of ASEAN Banks, Distinguished Guests, Ladies and Gentlemen,

Sawasdee Krub A very good morning to you all. It is a great pleasure for me to be here today to share with you my thoughts on the upcoming challenges for the ASEAN banking industry. Before I begin, I would like to thank the Thai Bankers' Association for the invitation to this annual gathering of ASEAN bankers. Let me also extend a warm welcome to the executives of ASEAN banks who have travelled here for this special event. From my calculation, in aggregate, you all manage assets of around 120 percent of total ASEAN GDP.