For its proactive compliance with regulations and effective practices, the award for Achievement in Operational Risk Management goes to CIMB Niaga.
For being in a position to impact decision-making at strategic and operational levels through ERM practices and having the capacity to expand the underlying processes going forward, the award for Achievement in Enterprise Risk Management goes to Axis Bank.
Atul Jain, global co-head for trade finance and lending of Deutsche Bank was recognised as Transaction Finance Person of the Year for his transformative leadership in turning the bank's trade finance business into one of its most profitable and innovative segments, and one of the top in Asia Pacific based on financial performance, from 2017 to 2021.
Singapore presents one of the most competitive and regulated digital financial services markets in the world, where speed to market, streamlined processes and agile technology to meet customer and regulatory demands are key to success.
The discontinuation of the London Interbank Offered Rate caused major changes in the international financial markets forcing participants and supervisory authorities to jointly consider alternative resolutions.
BDO Unibank Inc. has the highest user penetration rate among banks in the Philippines and ranked third most selected main retail bank in Asia Pacific, with a survey rating of 38%. The bank continued to strengthen its retail businesses and expand digital solutions, as well as consumer lending and deposits.
HSBC Taiwan posted a 6% growth in customer base and a 13% increase in wealth revenue in 2021, on the back of its solid digital infrastructure and personalised investment solutions for high-net-worth (HNW) customers.
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