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February 09, 2023
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Tag: Association of Southeast Asian Nations

<strong>Asset quality risks to challenge banks in 2023</strong>

Banks to face pressure from growing asset quality risks due to higher interest rates

ASEAN surveillance unit projects slower growth across region

The economic surveillance unit of southeast Asian countries and three of its richest neighbors forecast the region growing 4.7 percent this year in terms of the gross domestic product (GDP) and slower to only 4.6 percent next year.

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