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Daily Dispatches: Indonesian bankers better off at home

Banks in Singapore are fighting for both Indonesia clients and candidates from Indonesian banks to service them. But perhaps those bankers are better off staying where they are. According to research from Nomura, Indonesia boasts the most profitable banking system in Southeast Asia. Banks’ average return on assets there is expected to reach 2.7% this year, compared with an estimate of 1.6% across the region.

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