Staff Reporter

VietinBank takes home Project Infrastructure Finance Deal of the Year Award - Vietnam

The accolade is in recognition of VietinBank’s role in financing the $128m Nam Tien Phong industrial zone and port complex, a project anticipated to attract substantial foreign investment.

CIMB Singapore triumphs in multiple categories with innovative financial solutions

The bank took home awards for Singapore International Cash Management Bank of the Year, Singapore International SME Partnership Initiative Bank of the Year, Syndicated Loan of the Year -  Singapore and Innovative Deal of the Year - Singapore.

ZA Bank rolls out tax loan, offers cash rewards

Even unsuccessful loan applicants can receive a reward.

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst

Developing new workforce capability is now a necessity given macro factors.

SCB names ex-Citi banker as new SVP and chief wholesale banking officer

Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.

MUFJ to buy Aussie pension company Link Group

The Japanese banking giant is acquiring 100% of issued shares of Link Group.

Mizuho introduces new medium-term targets for financed emmissions

The new targets are in the automotive and maritime transport sectors.

Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas

And Germany seizes $790m from the bank account of a Russian financial institution.

Korean central bank inks deal to develop system for testing CBDCs

LG CNS Co. will develop a set of systems for the test.

StanChart SG onboards 10,000 clients in SC Inner Circle

These clients deliver feedback and insights on initiatives and products.

Deutsche Bank doubles its Indonesia capital to $644m

This is the third time it raised its capital in an APAC market this year.

BPI, RBC merger approved

It will take effect on 1 January, with BPI as the surviving entity.

HKMA reprimands TNG Asia for inadequate compliance systems

The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.

Make sure you don’t miss the 2024 Asian Banking & Finance Forum and Insurance Asia Forum in Ho Chi Minh

Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.