Trade Finance
Citi India launches new digital cross-border payment solution
Corporate clients won't need physical documents for international payments.
Citi India launches new digital cross-border payment solution
Corporate clients won't need physical documents for international payments.
Hong Kong banks team up with Deloitte, HKMA to develop distributed ledger technology proof of concept
Participants include BOCHK, BEA, Hang Seng, HSBC, and StanChart.
Kasikornbank launches funds transfer service for all AEC+3 currencies at every branch
It's the first bank to have a transfer service for the 10 Asean currencies and the yuan, yen and won.
Kasikornbank opens second Border Trade Business Centre in Mukdahan
The bank aims to boost value of border trade by US$22m.
SWIFT appoints Lisa O'Connor as Asia Pacific head of standards
SWIFT recently announced the appointment of Lisa O’Connor as Head of Standards, Asia Pacific, based in Hong Kong. As the adoption of financial...
In Asian trade finance, fortune favours the brave
Asian banks that step up to expand services to SMEs, embrace digitisation, and harness blockchain may find the risks well worth the rewards.
HSBC appoints Ajay Sharma as regional head of global trade and receivables finance
He will be based in Hong Kong.
Deutsche Bank appoints new trade finance heads for South Korea and Japan
According to a release, Jae-Sun Rah has been appointed Director, Head of Trade Finance & Working Capital Advisory – South Korea effective 1 September...
Citi appoints Rajesh Mehta as regional head of treasury and trade solutions in Asia Pacific
He will report to Asia Pacific CEO Francisco Aristeguieta.
Where could the vulnerabilities have come from in the $81m Bangladesh Bank cyber heist?
Relying on poor spelling should not be a security policy.
Malaysia's RMB use increased 68% over the last 12 months
It's the second most used currency for payments with China and Hong Kong.
Should DBS worry about its SGD22bn oil and gas exposure?
DBS expects minimal specific provisions for this portfolio in 2016.
RMB gaining ground as global trade currency
Yuan continues to gain favor after inclusion in the IMF’s SDR Basket and Implementation CBIS.
45 banks sign up to SWIFT's global payments innovation initiative
The new initiative will start from early 2016.
SWIFT unveils a global payments innovation initiative
It will start from early 2016.
UOB inks collaboration deal with Indonesian investment agency
To facilitate more FDI into the archipelago.
Issuance of AT1 securities by Asia-Pac banks to energise regulatory capital growth, says Fitch
China is likely to remain the largest issuer.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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Commentary
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