Excerpts Jan 01 CMB Wealth records $515 billion in assets under management CMB Wealth, the asset management subsidiary of China Merchants Bank, has become China’s largest in just three years, generating over four million tr... 2261
Excerpts Jan 01 Bank of Beijing introduces new enterprise-wide credit early-warning system to improve asset quality Bank of Beijing’s new early-warning system enables bank to proactively predict, manage and prevent credit defaults... 1865
Excerpts Jan 01 CCB implements new asset and liability management system to improve control of liquidity risks Sheng Liurong, chief financial officer at CCB, introduced the bank’s new asset and liability management system, that allows the bank to better monit... 2259
Research Note Jan 01 Vietnam’s banks accelerate digital transformation and customer experience post-pandemic Banks are leveraging digital solutions, risk management strategies, and user-centric approaches to drive growth in the wake of COVID-19... 10082
Excerpts Jan 01 OCBC distinguishes itself with unique innovations OCBC’s Sunny Quek and Serene Koh hope to distinguish the industry-changing innovations that OCBC has achieved from the achievements of other banks... 3645
Excerpts Jan 01 UOB strengthens core markets even as regional retail franchise doubles in size UOB is focused on a balanced business approach for scaling up strong, organic new-customer and profit growth as it enlarges regional retail franchise... 3866
Excerpts Jan 01 Thailand’s National ITMX-PromptPay could have the most real-time cross-border payment linkages in the world Today, National ITMX and PromptPay have established cross-border real-time QR payments with six countries—Cambodia, Indonesia, Japan, Malaysia, Sing... 11007
Excerpts Jan 01 MoMo to onboard the rest of the Vietnamese population MoMo registered 31 million users as of 2022, more than half of the Vietnamese unbanked population, of which some 35 million are in the medium to low-i... 1496
Opinions Jan 01 TTB Bank’s Thakorn Piyapan: “Data transformation is key to offering personalised service” A veteran of the credit card industry, Piyapan joined TTB as president to lead its retail banking business and plans to make TTB one of the top four i... 5667
Current Account Jan 01 US Treasury promises full access to SVB deposits, no bailout US financial regulators have announced damage-control measures for the Silicon Valley Bank crisis. Treasury Secretary Janet Yellen promised that there... 1904
Trendwatch Jan 01 China’s reopening and lower inflation to ease global economic slowdown in 2023 Most parts of the world and advanced economies such as the United States and European Union are expected to experience a significant slowdown in growt... 9760
Trendwatch Jan 01 mBridge and atomic settlement have the potential to increase efficiency and use of local currencies in cross-border payments BIS Innovation Hub in its report, Project mBridge: Connecting economies through CBDC, has validated the proposition that CBDCs can substantially incre... 5015
Co-published Jan 01 Personalisation at scale key to sustaining profitability of digital-only businesses The financial services industry in Southeast Asia has seen the entry of standalone challenger digital banks, and while incumbents are competing by inv... 5620
Research Note Jan 01 Malaysian banks prepare for digital-only peers and future The imminent entry of digital-only banks will further accelerate the digitalisation of the Malaysian financial industry. However, incumbents that are ... 20803
Interview Jan 01 VPBank differentiates with segment-based digital bank propositions Giang Pham, director of VPBank’s digital banking service centre, discussed how VPBank’s digital-only bank implementation reflects its “business ... 5755
Interview Jan 01 TPBank's Tran: “One million of our new customers are from third-party platforms” James Tran, digital bank centre head, TPBank, highlighted that the bank's digital transformation is made possible by shifting to a digital-focused bus... 7811
Interview Jan 01 How Singapore is shaping the future of digital money Singapore offers glimpses into the future of digital currencies and payment infrastructures that will enable instant, intelligent and more efficient r... 7807
Datafiles Jan 01 mBridge pilot enables more opportunities in a faster cross-border transaction infrastructure The mBridge pilot has tested the issuance of over $12 million in central bank digital currencies (CBDCs) and payments of over $22 million on bridge. I... 1255
Datafiles Jan 01 Big tech and fintech credit disbursement in Thailand to reach $1.6 billion by 2025 Alternative credit is flourishing in Thailand as big technology platforms fill in the lending gaps left by traditional financial institutions. Known f... 596
Datafiles Jan 01 Alibaba posts lacklustre Double 11 sales growth as it shifts focus to customer loyalty The weak sales growth for this year’s Double 11 shopping festival was largely driven by the depressed consumer sentiment and logistical disruptions ... 1033