APAC

ISO 20022 is set to become the universal language of payments.

Science-based decarbonisation targets must be set to improve their energy sector portfolios.

Bank boards need to reassess their understanding of the impact that geopolitical risk can have on both their business and their clients, says Derek Leatherdale, Managing Director at GRI Strategies and Visiting Scholar at The London Institute of Banking & Finance.

The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.

BNPL brand Afterpay served 20 million customers in Australia alone.

Southeast Asia’s financial services institutions (FSIs) are bracing themselves for another year of volatile geopolitical and economic conditions, with record-high inflation and rising interest rates. But those willing to push the digital envelope will find new pockets of growth to help them remain resilient and become future-ready. For this to happen, FSIs need their executives to embrace a digital-era transformative mindset – one that builds skills, flexibility and agility, preparing their organizations to pivot at any moment.

We’re taking the time off and will be back on 9 January 2023.

Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.

They will continue to finance energy companies at a corporate level to help them transition.

Huang will be based in Hong Kong.

He is currently the global head of liquidity, deposits, and escrow solutions.

He has over 25 years of experience across a number of banking fields.

The new heads will be based in Singapore and Hong Kong.

Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.

It makes use of building blocks to construct clients’ portfolios.

The COVID measures, which have yet to be relaxed, will squeeze banks’ margins.