Bank Internationalization and Risk Prevention
With the growing RMB internationalization and increasingly open economy, China’s banking industry is undergoing significant changes in its external operating environment: it will meet a huge opportunity for international expansion that will further promote its two dimensions: customers and products. The overseas business scale and income sources will be consequently increased. With the rising proportion of overseas operations, assets, and income, banks will face a more complex market environment and regulations. Risk exposure, in both quantity and structure, will be greatly adjusted; banks will be required to strengthen the risk management to prevent impacts inflicted by various risks.