Trade Finance

Foreign banks in South Korea see earnings fall in 2021

Fee and commission income shrank by over 230% during the fiscal year.

Foreign banks in South Korea see earnings fall in 2021

Fee and commission income shrank by over 230% during the fiscal year.

Trading risks to weigh on Singapore Big Three Banks’ Q1 earnings: Maybank

But core businesses are expected to show resilience.

Talent & Tech at the heart of Munir Nanji’s mission to grow Citi Central Europe

He is tasked with implementing the "New" Europe Strategy and reap full benefits of growth.

StanChart, OPEC Fund enhance Trade Finance Risk Participation Programme

The programme has helped facilitate trade flows of over $1b annually.

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

MAS grants DBS brokerage arm crypto licence

The monetary authority also granted one to an Australian firm.

Citi TTS APAC client inquiry for API use doubles in H1

They have processed close to 350 million API calls for corporate clients since 2017.

Citi APAC appoints former EY partner to head Spring by Citi

Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.

Deutsche Bank appoints new head of trade finance & lending in China

Daniel Qian is also head of structured trade & export finance.

StanChart signs MOU with Tazapay to enable digital escrow services in Proxtera

The bank will facilitate the opening of bank accounts in Tazapay.

Citi Treasury and Trade appoints new APAC trade head

Citi Treasury and Trade Solutions has appointed Kanika Thakur as Asia Pacific trade head, effective immediately, according to a press release. She...

Sumitomo Mitsui Banking Corp joins two blockchain-based trade platforms

These platforms digitalise LC workflow and issuance.

Banks seek trade finance revamp after billions in losses: report

Lenders are struggling to reclaim loans as big traders trick banks with empty promises.

OCBC and Standard Chartered completes Singapore's first OIS trade using SORA

The trade is a one-year interest rate swap fixed against SORA.

Coordination, cooperation, collaboration: Closing the trade finance gap together

The trade finance gap is a serious issue that is impacting the health of global trade and business development in many countries across the world...

Singapore banks ace corporate customer satisfaction survey

DBS retained the crown in terms of back office centralisation.

Harnessing technology to optimise Asian trade

In a period of uncertainty for global trade, fuelled by protectionism and increasing concerns regarding a potential US-China trade war, the strength...