Staff Reporter

Outstanding loans extended to SMEs expanded by 7.9% during the month.

It has also reintroduced the Intraday Settlement Facility for banks.

The future belongs to firms who seize the potential of transformative technologies to shape the next generation of financial services.

The report offers practical insights and recommendations for financial institutions assessing transition finance cases.

Embedded financial services will become increasingly popular during the year.

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.

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.

Even unsuccessful loan applicants can receive a reward.

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

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

Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.

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

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

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

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

These clients deliver feedback and insights on initiatives and products.