Bank Indonesia governor pledges to reduce reserve burden for Islamic banks and those holding foreign currency deposits, in move to reduce the impact of US rate hikes.
The unmet demand for trade finance services yawns widely reaching more than $1.6 trillion. The ICC concludes banks alone will not solve this desperate issue.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
Treasurers, CFOs and sell-siders delivered their verdicts over the future of funding in 2013 during the second annual Asia-Pacific Corporate Funding Forum held in Hong Kong on March 6th.