Analysis, Climate

More than 70% of Apac bank assets exposed to flood risk 

By Natasha Teja
Flood risk
Image: Getty Images

Nearly $5tn of Asian banks’ loan books are vulnerable to flood risk from rising sea levels and extreme weather in the region, according to a Hong Kong-based think tank. 

Compared to their Western counterparts, Asian banks face a triple whammy of domestically focused ...

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