Staff Reporter

The monetary authority also granted one to an Australian firm.

UBS recently shifted to two senior bankers and might move eight more to China.

Agility, innovation, flexibility, and fast results defined the bank’s new strategy. Citibank Asia’s director of Applications, Himanshu “HeMan” Shrivastava, acknowledged the challenges Citibank Asia faced to stay and win in the competition; and how investing in the right solutions made a huge difference.

TIBCO Software’s head of Financial Services UK & Ireland, Richard Price, gives much-needed insights on how traditional banks can keep up with the times.

81% of banks seek to differentiate their customer experience.

The two hope to dispense over US$1b of loans over the next five years.

The new entity aims to become a regional fintech conglomerate by 2025.

And investors are getting $400m from Credit Suisse supply chain funds.

Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.

The private bank will implement Avaloq’s core banking solution internationally.

Remittances between the two countries reached S$1.3b in 2020.

Officials’ moratorium programs are hurting lenders’ profitability.

Tighter regulations will drive a wedge in the connection between banks and NBFIs.

The deposit has a required minimum investment amount of $5,000.

Uygun previously served as CEO of ING Bank Austria.

The central bank, however, warns of upcoming inflation.