Trade Finance

Twenty-two more banks join the SWIFT gpi blockchain proof of concept

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

Jimmy Chan says real-time cross-border payment progresses in line with the international development of e-commerce. Jimmy Chan, chief operation...

Domestic banks in peril as firms turn to non-bank lenders for supply chain funding

Chinese corporates have signalled the strongest shift towards international banks.

24 APAC banks commit to implement SWIFT gpi

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?

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

ANZ and DBS are amongst the banks working with SWIFT.

Citi India launches new digital cross-border payment solution

Corporate clients won't need physical documents for international payments.

Kasikornbank launches funds transfer service for all AEC+3 currencies at every branch

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

The bank aims to boost value of border trade by US$22m.

SWIFT appoints Lisa O'Connor as Asia Pacific head of standards

SWIFT recently announced the appointment of Lisa O’Connor as Head of Standards, Asia Pacific, based in Hong Kong. As the adoption of financial...

In Asian trade finance, fortune favours the brave

Asian banks that step up to expand services to SMEs, embrace digitisation, and harness blockchain may find the risks well worth the rewards.

Deutsche Bank appoints new trade finance heads for South Korea and Japan

According to a release, Jae-Sun Rah has been appointed Director, Head of Trade Finance & Working Capital Advisory – South Korea effective 1 September...