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Thai banks are said to have the largest exposure to the regional offshore sector at 5%, while Vietnam is said to have the lowest at less than 1% Photo: M3 Marine

ASEAN banks less exposed to offshore after ‘kitchen sinking’ in 2017

Loans to troubled sector less than 1% to 5% at most major regional banks, say local analysts

23 March 2020 0:18 GMT Updated 23 March 2020 9:56 GMT

By Dale Wainwright

Banks in the ASEAN region look to have learnt their lessons from past crises to substantially reduce their exposure to the offshore industry, latest research shows.

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