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Citi appointed global custodian for the first Global Sharia Funds in Indonesia
Citi appointed global custodian for the first Global Sharia Funds in Indonesia
The funds are managed by Schroders, BNP Paribas and Manulife.
Malaysia's RMB use increased 68% over the last 12 months
It's the second most used currency for payments with China and Hong Kong.
Krungsri Consumer launches JCB credit card issuing in Thailand
Learn more about the Krungsri JCB Platinum Card.
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Why making data digital with IoT will help in building a Smart City.
45 banks sign up to SWIFT's global payments innovation initiative
The new initiative will start from early 2016.
Don’t expect Bank Indonesia’s rate cut to boost bank lending growth soon, says Fitch
The rupiah could weaken further.
CIMB dangles hefty 10% cash rebates on selected categories
It’s planning to acquire 270,000 customers in three years.
ICBC Singapore inks collaboration with China real estate firm
It’s the third Singapore-China government project.
SWIFT unveils a global payments innovation initiative
It will start from early 2016.
UOB inks collaboration deal with Indonesian investment agency
To facilitate more FDI into the archipelago.
CIMB bolsters telecommunication links as it collaborates with Philippine telco
Roles of telcos and banks are converging.
UOB, ICBC complete Singapore’s first offshore RMB bond-pledged repurchase agreement
This marks an additional means of cash liquidity for local businesses.
UOB floors the gas pedal on FinTech with new innovation lab
It’s innovate or be left out for banks.
Bank of China launches two global commodity business centres in Singapore
The bank also signed an MoU with IE Singapore.
Financial technology investments balloon to US$3.5b in the first nine months of 2015
40% of these deals were in payments.
China Construction Bank signs MoU with China Europe International Exchange
RMB denominated securities will be launched in Europe.
NCR's Kalpana software moves ATM operations to the cloud
The software reduces costs by up to 40%.
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Value migration to non-bank players with a "focused" model is accelerating.
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Why high capital levels are a double-edged sword for Singapore banks