Sumitomo Mitsui FG May Look to Philippines, Vietnam, India for Growth: CEO

Sumitomo Mitsui FG May Look to Philippines, Vietnam, India for Growth: CEO

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Interactive Video

Business

University

Hard

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The video discusses a massive fiscal stimulus package in Japan and its potential impact on the economy and banking sector. It explores the effects of low interest rates on banks, particularly regional ones, and the need for banks to adapt to structural challenges like an aging population and Fintech adoption. The discussion includes strategies for growth, focusing on international markets, especially the US and Indonesia. It also covers investment plans, including involvement in SoftBank's Vision Fund, and the pursuit of new opportunities in developing countries.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of the aging population on Japan's economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do you perceive the future of banking services in Indonesia after the merger with BTPN?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies should banks consider to pursue growth in developing countries?

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