Wholesale Banking
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
Airwallex reports double-digit revenue, transaction growth for Q3
It expanded its startup and investment platforms in 2024.
Chinese banks set up offices at Dubai International Financial Centre
About 8 banks from China now have locations in the financial centre.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
Up to $50b of wholesale banks’ revenues at risk
But there’s about $15b in additional revenue up for grabs through 2027.
More tax perks could drive Philippine SMEs to go ‘green’
The Southeast Asian nation’s 1.1 million small businesses can be a target for green loans.
Citigroup’s profitability set to grow by 2025: Moody’s
Thanks to continued robust liquidity and strong capital levels.Citigroup and Citibank are expected to have a stable outlook, reflecting confidence in...
ING names Uday Sareen as APAC chief exec and head of wholesale banking
He first joined ING in 2007.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
StanChart rolls out ESG-linked cash account in Hong Kong, SG
Clients are rewarded when they meet ESG-related targets.
ING strengthens wholesale banking in the Philippines
The firm focuses on sustainable finance, digital investments, and infrastructure.
MUFG hires ex-UBS, SVB directors for healthcare finance arm
The hires strengthen MUFG’s middle market healthcare businesses.
EXIM Thailand inks MOU to support foreign investments
The bank will give special offers, such as special interest rates, to entrepreneurs.
Citi appoints new sales head for key Asian markets
She previously worked at Bank of America and JPMorgan.
Citi combines in Japan, North Asia, and Australia clusters
This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.
BOK joins project exploring use of tokenisation to improve cross-border payments
Seven other central banks globally have joined the project.
SCB names ex-Citi banker as new SVP and chief wholesale banking officer
Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
