Ravi Menon - Frost & Sullivan

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Last quote by Ravi Menon

The good news for Asian banks is these cyclical headwinds will pass in time. Growth is recovering, monetary policy is normalizing and commodity prices are stabilizing.feedback
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May 29 2017 Singapore
Ravi Menon has been quoted in 8 different articles. Most recently, Ravi Menon has been quoted saying, “Banks are in the business of mediating risks. When risks materialize, as they sometimes do, those who borrow get into difficulties, NPLs must rise. This is odd for a regulator to say, but if NPLs did not rise at all during difficult times, then the banks are probably not lending enough, they're not taking on sufficient risks to promote business expansions and the economy.” in an article called If bad debt doesn't rise during difficult times, banks aren't doing enough, says Singapore's central bank chief. This is only one of 17 quotes from Ravi Menon. To see more examples Ravi Menon’s views and opinions, check out the section below. You can filter Ravi Menon's quotes by date and by topic to see, for example, what Ravi Menon said about responsibility recently and in the past.
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Ravi Menon quotes

Nov 15 2016 - Fintech

The next phase of the project will involve transactions in foreign currency, possibly with the support of another central bank.feedback

Nov 15 2016 - Fintech

Under the pilot system banks will deposit cash as collateral with the MAS in exchange for MAS-issued digital currency.feedback

Sep 06 2016 - Zika

But really, it's still early days.feedback

Aug 11 2016 - Singapore

The central bank's current monetary policy stance remains appropriate and only a marked worsening in the global economy or significant shift to the inflation outlook would prompt a change.feedback

May 24 2016 - Money laundering

BSI Bank is the worst case of control lapses and gross misconduct that we have seen in the Singapore financial sector. It is a stark reminder to all financial institutions to take their anti-money laundering responsibilities seriously.feedback

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