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  • UOB, led by deputy chairman and chief executive Wee Ee Cheong, recorded some impressive numbers to win this award for the second year in a row. They included a record net income of S$4.3 billion ($3.15 billion) in 2019, an increase of 8% over the previous year, and a strong performance which helped soften the blow of the coronavirus.
  • DBS consistently tops the league tables, proving itself over and over to be the leader in Singapore’s corporate and investment banking world.
  • Citi, under Asean head and Singapore country officer Amol Gupte, has proved a leader in every part of the market.
  • Picking Malaysia’s digital champion in the coronavirus age is even more difficult than usual. Every financial institution is racing to adapt to customers’ needs to avoid brick-and-mortar facilities and ATMs. Call-centre operations face unprecedented upheaval thanks to a work-from-home zeitgeist that few saw coming.
  • Hong Leong Bank (HLB) has endured a lot in its 115-year operating history: two world wars, the Great Depression, a string of modern financial crises. But Covid-19 offers a unique problem for a bank that has become increasingly committed – and, as a result, exposed – to Malaysia’s small and medium-sized enterprises.
  • It’s easy to approach Maybank’s stated ‘mission to humanize financial services’ with a sense of cynicism. It sounds like the sort of thing conjured up by a mid-level strategy team to polish an annual report or two. But a look at the bank’s community outreach programmes shows that those are not empty words.
  • Indonesia’s oldest bank has found itself on the frontlines of the nation’s newest risks. The coronavirus fallout is certainly the immediate danger, but the longer-term hurdle for the economy is making sure that small and medium-sized enterprises – those drivers of economic growth – are not crowded out of the financial system in the wake of the pandemic.
  • Indonesia’s oldest bank has found itself on the frontlines of the nation’s newest risks. The coronavirus fallout is certainly the immediate danger, but the longer-term hurdle for the economy is making sure that small and medium-sized enterprises – those drivers of economic growth – are not crowded out of the financial system in the wake of the pandemic.
  • Sponsored by China Citic Private Banking
    Innovation in technology is one of the key drivers of growth of the global wealth management markets, according to a recent report from Boston Consulting Group, and China’s use of technology has helped the nation’s wealth management market leapfrog the UK to become the world’s second largest market after the United States.
  • In a more perfect world, the digital bank award would go to a purely local institution. Normally, we might shy away from honouring a name that is 94.1% owned by Japanese firm Mitsubishi UFJ Financial Group. But Bank Danamon’s strides, particularly in the coronavirus era, are hard to ignore.