Trade Finance

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

MAS grants DBS brokerage arm crypto licence 

The monetary authority also granted one to an Australian firm.

Citi TTS APAC client inquiry for API use doubles in H1

They have processed close to 350 million API calls for corporate clients since 2017.

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.

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

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

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

The bank will facilitate the opening of bank accounts in Tazapay.

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.

Banks seek trade finance revamp after billions in losses: report

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

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

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

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.

Singapore banks ace corporate customer satisfaction survey

DBS retained the crown in terms of back office centralisation.

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.

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.

Which Singapore bank enjoys the highest corporate customer satisfaction?

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

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%.

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

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