The global financial industry has evolved as a result of the widespread digital transformation of traditional banks and the entrance of new digital banks. In the Middle East, the legal framework is slowly developing, which will open up the market to more digital banks.
2020年，平安银行在业务增长、技术能力和创新各方面都超过了国内和同地区的零售银行同行。
China’s pilot of the central bank digital currency has made promising progress. However, the digital RMB system collects and shares less transaction information than traditional electronic payments according to a PBOC digital RMB white paper.
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.
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