In 2020, Ping An Bank outperformed its domestic and regional retail banking peers not only in its business growth but also its technology capabilities and innovations.
With the progress of technology and pandemic-induced restrictions, SMEs are increasingly steering towards digital and mobile cross-border payments options.
A challenging operating environment reshapes retail finance priorities and customer engagement models in the industry
In this conversation, OneConnect Chief Executive Officer (Southeast Asia) Tan Bin Ru talked about the limited use of distributed ledger technology, especially for banks, and the ongoing digital transformation in Southeast Asia’s financial industry.
Despite weak growth in the banking industry last year, UOB managed to grow its SME deposits significantly and reported the lowest CIR among its peers. It was also the first bank to announce $2.2 billion in relief assistance in February 2020, ahead of any government support measures. It was the leading provider in government’s assistance schemes to SMEs with the largest market share.
With tremendous insights and expertise, Norman Chan Tak-lam prioritised the stability of Hong Kong's monetary and financial systems as the key goal of HKMA, while actively promoting the adoption of new technologies.
WeBank bolstered strong financial performance with its innovative digital technology applications. It increased its operating income by 33.69% and posted return of assets of 1.6% and return on capital of 30.8%.
WeBank bolstered strong financial performance with its innovative digital transformation journey. It increased its operating income by 33.69% and posted return of assets of 1.6 and return on capital of 30.8.
With great foresight and fortitude, Banthoon Lamsam steered Kasikornbank through a series of crises and challenges, while leading the bank to invest strategically in digital transformation and actively promoting sustainable development.
The World Federation of Exchanges (WFE), a global industry group for central counterparties (CCPs) and exchanges, recently published its 7th annual sustainability survey. The survey takes into account the nature and extent of ESG involvement by WFE members.
微众银行以创新性的数字技术应用加强了本已优秀的财务业绩：它的营业收入增加了33.69%，资产回报率为1.6%，资本回报率为30.8%。
A year after Hong Kong issued eight digital banking licences, Mox and ZA Bank have emerged as the early leaders. Together with WeLab, the three banks account for 86% of all virtual banking deposit in Hong Kong.
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