By Andrei Skvarsky.
FTI Consulting, a global business advisory firm, has said it has carried out a poll that suggests the world business community is “surprisingly” optimistic about the global banking industry.
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Of more than 1,000 business leaders in major global economies who were questioned in the survey, 89% believed their home country’s banking sector had a positive reputation, according to a statement from the Florida-headquartered consultancy, which offers a large variety of services in 24 countries on all continents.
Eighty-five percent felt global banking was in a good state.
“Nearly five years after the collapse of Lehman Brothers, 70% of respondents are confident there is a strong enough global regulatory framework in place to prevent the risk of another banking crisis,” FTI Consulting said.
Only 48% of respondents were concerned about the ongoing credit crisis.
The poll showed a great deal of positive sentiment about the global economy in general, with 77% of those questioned expecting significant growth in 2013, compared with 45% optimism expressed in a similar survey in January 2012.
This upbeat attitude was fairly evenly spread across the regions: 76% in Europe, 78% in North America and 75% in Asia.
According to 58% of respondents, the BRICS – Brazil, Russia, India, China and South Africa – offer the best opportunities for business this year.
As threats to growth go, 58% saw Eurozone problems as the main danger, 49% believed fiscal problems in the United States were the chief source of hazard, 48% feared the ongoing credit crisis most, while 43% thought slowing growth in China was the gunpowder box.
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