Trade Finance

Big Australian banks brace themselves for foreign competition in transaction banking
19 Feb 18
Corporate clients seek out new partners with trade finance capabilities.
Almost half of Chinese banks in Hong Kong to focus on RMB internationalisation in 2018
15 Dec 17
Hong Kong will be the first and biggest beneficiary of the trend.
Philippine banks to rely less on trading gains in 2018
14 Nov 17
Trading and forex income could decline by 6%.
Weekly Global News Wrap Up: Regulators near finalising new bank capital rules; EU bank watchdog to set conditions on cross-border trades
11 Oct 17
And French bankers face pressure to bring jobs home to Paris.
Weekly Global News Wrap Up: Global transaction banking revenues up 4% to US$13.8b; Bank fees face 'secular downward' pressure
20 Sep 17
And Deutsche Bank CEO says automation will take a lot of jobs over the next 10 years.
DBS appoints Mark Troutman as group head of sales for global transaction services
19 Sep 17
The GTS business constitutes 31% of the bank’s institutional banking business income.  DBS Bank, which has made significant...
Commerzbank appoints Deepan Dagur as head of trade finance & cash management, Asia
14 Sep 17
In his new role, Mr.
Mizuho eyes growing its cross-border transaction business by $100b
9 Aug 17
The bank hopes for a 20% boost in forex volume with the push into transaction businesses.
Deutsche Bank appoints Atul Jain as APAC head of trade finance and trade finance flow
2 Aug 17
Jain's appointment is effective immediately.
Three in five banks report trade finance shortage in the global market
17 Jul 17
The estimated trade finance gap stands at US$1.6t.
Learn more about Hong Kong's real-time payments market from Hang Seng Bank's Stéphan Levieux
10 Jul 17
He will be one of the panelists at the 2017 Banking Forum in Hong Kong.
Twenty-two more banks join the SWIFT gpi blockchain proof of concept
7 Jul 17
China Construction Bank, Sumitomo Mitsui, and Westpac are amongst the 22 banks.
ICBC Asia's COO to discuss how third party payment providers threaten traditional banks at the 2017 Banking Forum in Hong Kong
5 Jul 17
Jimmy Chan says real-time cross-border payment progresses in line with the international development of e-commerce.
Domestic banks in peril as firms turn to non-bank lenders for supply chain funding
31 May 17
Chinese corporates have signalled the strongest shift towards international banks.
24 APAC banks commit to implement SWIFT gpi
26 May 17
Over 110 banks in total have now joined gpi.
National Australia Bank's head of trade & working capital talks of trade finance compliance: How can a bank be truly effective?
3 May 17
Mark Borton reveals why the blame is usually on 'trade' when things go wrong and a bank is fined.
Global transaction banks developing blockchain proof of concept
3 May 17
ANZ and DBS are amongst the banks working with SWIFT.
Citi India launches new digital cross-border payment solution
27 Apr 17
Corporate clients won't need physical documents for international payments.
Hong Kong banks team up with Deloitte, HKMA to develop distributed ledger technology proof of concept
31 Mar 17
Participants include BOCHK, BEA, Hang Seng, HSBC, and StanChart.
Malaysian banks' external liabilities hit US$39.6b in 2016
24 Mar 17
It accounted for 17.3% of the banks' balance sheets.
Kasikornbank launches funds transfer service for all AEC+3 currencies at every branch
10 Mar 17
It's the first bank to have a transfer service for the 10 Asean currencies and the yuan, yen and won.
Kasikornbank opens second Border Trade Business Centre in Mukdahan
7 Mar 17
The bank aims to boost value of border trade by US$22m.
SWIFT appoints Lisa O'Connor as Asia Pacific head of standards
7 Mar 17
SWIFT recently announced the appointment of Lisa O’Connor as Head of Standards, Asia Pacific, based in Hong Kong.
Hong Kong banks find new revenue source in cash trapped in China
10 Feb 17
Hong Kong's yuan banking business is thriving.
In Asian trade finance, fortune favours the brave
25 Jan 17
Asian banks that step up to expand services to SMEs, embrace digitisation, and harness blockchain may find the risks well worth the rewards.
HSBC appoints Ajay Sharma as regional head of global trade and receivables finance
16 Nov 16
He will be based in Hong Kong.
Supporting trade finance in Asia
7 Oct 16
61% of respondents to the ICC Banking Commission’s latest Global Survey reported a shortfall in global trade finance.
Deutsche Bank appoints new trade finance heads for South Korea and Japan
13 Sep 16
According to a release, Jae-Sun Rah has been appointed Director, Head of Trade Finance & Working Capital Advisory – South Korea...
Weekly Global News Wrap Up: JPMorgan Chase builds more branches; HSBC, BofAML use blockchain in trade finance; RBS to move main office
16 Aug 16
Find out what happened in the global banking scene this week.
Citi appoints Rajesh Mehta as regional head of treasury and trade solutions in Asia Pacific
26 Jul 16
He will report to Asia Pacific CEO Francisco Aristeguieta.
Where could the vulnerabilities have come from in the $81m Bangladesh Bank cyber heist?
16 Mar 16
Relying on poor spelling should not be a security policy.
Malaysia's RMB use increased 68% over the last 12 months
29 Feb 16
It's the second most used currency for payments with China and Hong Kong.
Should DBS worry about its SGD22bn oil and gas exposure?
24 Feb 16
DBS expects minimal specific provisions for this portfolio in 2016.
RMB gaining ground as global trade currency
3 Feb 16
Yuan continues to gain favor after inclusion in the IMF’s SDR Basket and Implementation CBIS.
45 banks sign up to SWIFT's global payments innovation initiative
27 Jan 16
The new initiative will start from early 2016.
SWIFT unveils a global payments innovation initiative
11 Dec 15
It will start from early 2016.
UOB inks collaboration deal with Indonesian investment agency
8 Dec 15
To facilitate more FDI into the archipelago.
Issuance of AT1 securities by Asia-Pac banks to energise regulatory capital growth, says Fitch
18 Nov 15
China is likely to remain the largest issuer.
UOB, ICBC complete Singapore’s first offshore RMB bond-pledged repurchase agreement
10 Nov 15
This marks an additional means of cash liquidity for local businesses.
Bank of China launches two global commodity business centres in Singapore
9 Nov 15
The bank also signed an MoU with IE Singapore.

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