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Citi Indonesia posts $38.2 million net income in Q1

Back Published on 17 May 2023 165 Views Print Citi Indonesia posts $38.2 million net income in Q1 5 min read Citibank, N.A., Indonesia (Citi Indonesia) posted a net income of IDR 569 billion ($38.2…

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FSB Asia Group discusses vulnerabilities arising from non-bank financial intermediation and crypto-assets

Back Published on 17 May 2023 63 Views Print FSB Asia Group discusses vulnerabilities arising from non-bank financial intermediation and crypto-assets 5 min read The Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG…

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OCBC unveils decarbonisation targets for six sectors to achieve Net Zero financed emissions by 2050

Back Published on 16 May 2023 154 Views Print OCBC unveils decarbonisation targets for six sectors to achieve Net Zero financed emissions by 2050 5 min read OCBC today unveiled science-based decarbonisation targets for power,…

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GoTyme introduces ‘supermarket banking’ to underserved markets in the Philippines- The Asian Banker

GoTyme introduces ‘supermarket banking’ to underserved markets in the Philippines- The Asian Banker

Tyme Group plans to replicate its digital banking business in South Africa throughout the Philippines with the launch of GoTyme Bank, a joint venture with the Gokongwei Group as it shifts its playbook to cater…

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BIS Innovation Hub publishes guide on offline CBDC use

Back Published on 12 May 2023 233 Views Print BIS Innovation Hub publishes guide on offline CBDC use 5 min read The BIS Innovation Hub Nordic Centre today published a comprehensive handbook exploring key aspects…

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Hang Seng Bank announces senior executive appointment

Back Published on 12 May 2023 215 Views Print Hang Seng Bank announces senior executive appointment 5 min read Hang Seng Bank has appointed Shelley Zhou as head of corporate sustainability effective 25 May 2023.…

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CBDC and regulated digital currencies to ensure resilience and ‘singleness’ of money- The Asian Banker

CBDC and regulated digital currencies to ensure resilience and ‘singleness’ of money- The Asian Banker

Four leading central bankers of a plenary panel weighed in on the characteristics of CBDC, tokenised assets and stablecoins, airing diverse views around how digital and physical cash can and must co-exist Digital payment transactions…

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ICBC launches new data platform to enhance business integration and reduce redundancy- The Asian Banker

ICBC launches new data platform to enhance business integration and reduce redundancy- The Asian Banker

ICBC established a new data platform operation centre to facilitate business integration and reduce data redundancy, which helped the bank acquire over 1.4 million retail customers and 900,000 corporate clients, and also prevented potential losses…

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Incumbents accelerate technology spending to stave off digital challengers

Incumbents accelerate technology spending to stave off digital challengers

Incumbents accelerate technology spending to stave off digital challengers Presenting key insights from the Excellence programme held in Hanoi in March 2023, Christian Kapfer, research director of TABInsights, identified personalisation, customer engagement, embedded finance and…

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Ping An expands collaboration with digital platforms in China- The Asian Banker

Ping An expands collaboration with digital platforms in China- The Asian Banker

Ping An is partnering with digital supply chain and e-commerce platforms to grow its transaction banking business and serve customers across their trade and supply chain finance as well as cash and treasury management needs…

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