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With a new digital banking tool aimed squarely at the region’s SMEs, he spoke to CT about trends in transaction banking, small businesses and what the future holds for corporate treasurers.
Appointments, which take effect immediately, are aimed at strengthening bank’s digital commerce presence. Both will continue to report to regional division head Rajesh Mehta.
German lender says new service will round out its corporate transactional banking portfolio in the country and that it intends to also serve domestic clients there with global needs.
Robins is retiring after a four-decade career. Bank also says it has hired Kei Fehr, from Wells Fargo, to be its new global head of trade.
Collaboration comes against backdrop where transaction banking is key to lenders’ profitability while low interest rates crimp income from loans.
Covid-19 is affecting the payments industry, which may see a fall in revenues this year, but analysts are saying that the pandemic could be the best thing that ever happened to it