The investment will support the bank’s growth in Vietnam and demonstrates the market’s prominence as an Asean trade hub, for local and multinational corporates alike.
Supply chains that once spanned the globe are now coming back home. One of the unintended consequences of the coronavirus outbreak is that it is accelerating the shift.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
More than half of adults living in ASEAN are unbanked and, according to new academic research, fintech companies are not working hard enough to change this.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
The partnership will allow its clients to reach a greater pool of Vietnamese consumers. Meanwhile, Chinese giants Alipay and WeChat Pay are also expected to make an entrance in the market.
What do corporate treasurers and Kim Jong Un have in common? A burning need to know how to operate, or operate in, an open economy with a closed political system
From Kasikornbank in Thailand to HDFC in India, large corporates increasingly turn to local Asian banks over global players to meet their corporate banking needs in Asian markets.