Trade Finance

Citi APAC appoints former EY partner to head Spring by Citi

Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.
1 day ago

Citi APAC appoints former EY partner to head Spring by Citi

Lloyd will be responsible for leading the bank’s newest TTS digital payment solution.
1 day ago

Deutsche Bank appoints new head of trade finance & lending in China

Daniel Qian is also head of structured trade & export finance.
22 days ago

StanChart signs MOU with Tazapay to enable digital escrow services in Proxtera

The bank will facilitate the opening of bank accounts in Tazapay.
28 days ago

Citi Treasury and Trade appoints new APAC trade head

Citi Treasury and Trade Solutions has appointed Kanika Thakur as Asia Pacific trade head, effective immediately, according to a press release. She succeeds Vishal Kapoor, who was named head of treasury and trade solutions for Citi Hong Kong earlier in 2020.
9 months ago

Sumitomo Mitsui Banking Corp joins two blockchain-based trade platforms

These platforms digitalise LC workflow and issuance.
10 months ago

Banks seek trade finance revamp after billions in losses: report

Lenders are struggling to reclaim loans as big traders trick banks with empty promises.
11 months ago

OCBC and Standard Chartered completes Singapore's first OIS trade using SORA

The trade is a one-year interest rate swap fixed against SORA.
1 year ago

Coordination, cooperation, collaboration: Closing the trade finance gap together

The trade finance gap is a serious issue that is impacting the health of global trade and business development in many countries across the world. Trade finance is the fuel of global trade, upon which 80 to 90% of world trade relies, and if access to trade finance is compromised for certain companies, global trade will be unable to reach its full potential.
1 year ago

Singapore banks ace corporate customer satisfaction survey

DBS retained the crown in terms of back office centralisation.
1 year ago

Harnessing technology to optimise Asian trade

In a period of uncertainty for global trade, fuelled by protectionism and increasing concerns regarding a potential US-China trade war, the strength and resilience of Asian trade endures.
1 year ago

Hang Seng Bank embarks on digital journey for its trade finance business

It has a solution that can recognise the type of documents being scanned and extract data from images.
1 year ago

Which Singapore bank enjoys the highest corporate customer satisfaction?

A homegrown bank pulled ahead of global rivals like Standard Chartered.
1 year ago

OCBC develops paper-lite trade finance platform to combat forgers

The move is part of its goal to grow its trade finance business which saw revenue growth of 20%.
2 years ago

ICBC Singapore issues US$2.2b green bond for Belt and Road projects

The offering is available in three currencies: USD, CNY and EUR.
2 years ago

Inside Asian Development Bank's $118m modernisation programme

The bank is digitising its systems; streamlining financial and administrative services and setting up a digital sandbox.
2 years ago

HSBC targets Korean bank tie-ups for blockchain platform

It aims to launch the Voltron platform to rapidly streamline trade financing.
2 years ago

Japanese megabank edges out global trade financiers in customer satisfaction: survey

Citi, HSBC and Deutsche Bank all trail behind Mitsubishi UFJ.
2 years ago