Staff Reporter

Establishment of the new branch is slated for early 2023.

Almost half of the total value of business-to-business invoices was overdue.

It will cover six markets, with HSBC and Allianz offering life and non-life products.

Jahrling joined Citi as co-head of ECM in 2021.

The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.

Expect more digital banking features to be rolled out and possibly even the rise of megabanks amidst an increasingly digital-savvy banking and finance sector that seeks instant fulfillment, senior executives of three of Asia’s top banks told attendees of ABF Summit 2022 Day 1 closing panel moderated by Andrew Gilder, Asia-Pacific Banking and Capital Markets Leader; Global Corporate, Commercial and SME (CCSB) Banking Consulting Leader, EY.

The card offers up to 10% cash rebate and Pay Later options.

The local chemicals industry has as high as 12% of B2B debt turning sour.

Indonesia’s BCA and StanChart Taiwan also topped the list.

Financial service institutions are hurtling towards a new frontier in the financial industry, navigating drastic changes in regulations and customer demand, new sustainability-related risks, and intensifying competition.

Is a scalable and profitable fully digital insurance firm possible?

From improving claims to simplifying products, veteran insurers give real-life examples of digitalisation in the industry.

Technology is very much one if not the most  influential factor rapidly transforming the financial services industry, with decentralized finance and buy now pay later being key focus areas, according to the analysts and market leaders taking part in the first panel of the Asian Banking & Finance Summit 2022.

Smaller banks face being left in weaker financial positions, Natixis warns.

Users can gradually replay in flexible installments.

Tech failures will have significant reputational and regulatory consequences for banks.