Asiamoney is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730

Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.
There are 2,853 results that match your search.2,853 results
  • Fun fact: the NISP in the name of one of Indonesia’s oldest banks, OCBC NISP, is a rare holdover from the bank’s beginnings at a time when Indonesia was a Dutch colony. The name Nederlandsch Indische Spaar en Deposito Bank, or Dutch (East) Indies Savings and Deposit Bank, might be a window into history, but as booming Indonesia marks its 73rd year of independence this year, it is with another acronym – SME – that this venerable Singapore-owned bank is making a modern impact.
  • A state-owned enterprise, and one of Indonesia’s oldest banks, Bank Rakyat Indonesia (or People’s Bank of Indonesia) is setting a new standard for corporate social responsibility in the country with its partnership and community development programme under chief executive Suprajarto Suprajarto, particularly for its public sector.
  • The Quek clan’s Hong Leong Bank is Malaysia’s oldest local bank, founded in 1905 to serve the Chinese traders of Borneo, but it feels like the country’s newest bank thanks to the arrival of digital-obsessed chief executive Domenic Fuda, HLB’s first Western boss, two years ago.
  • Piyush Gupta has transformed Singapore’s DBS Group since his arrival as chief executive in 2009. Its regional wealth management business has flourished, while a hefty investment in technology has paid off handsomely. The lender has also become a regional leader in small and medium-sized enterprise banking, providing world-class financial services to firms ranging from sole proprietors to medium-sized firms with annual revenues of up to S$200 million ($150 million).
  • It’s easy to forget how long Citi has been in Asia and how deep its roots go. Its direct forerunner, The National City Bank of New York, opened its inaugural Hong Kong office in 1902.
  • When a financial institution can claim to provide private banking services to more than half of the billionaires on the Forbes Hong Kong rich list, you know it is doing well.
  • There are bigger banks in Taiwan, but none better right now than E.Sun.
  • Three foreign lenders stand out on this teardrop-shaped island: HSBC, Standard Chartered and Citi. The latter two have solid and long-standing onshore operations, but neither can compete with the strength of HSBC, which first opened its doors in Sri Lanka way back in 1892.
  • Hang Seng Bank is in no doubt what it is here for and who it serves – no small fact in an age when many lenders struggle for a sense of identity and direction.
  • Bank of China, the most international of Beijing’s big-four state lenders, put down an important marker in 1998 when it founded BOC International. While wholly owned by its parent, the outfit was based in Hong Kong and international in nature and focus.
  • Excellence in digital banking is not easy. Many lenders struggle to adapt to an era where everyone is online, but where some customers still covet the personal touch.
  • Bank of China (Hong Kong) is one of just three commercial lenders allowed to issue bank notes denominated in Hong Kong dollars. Since its consolidation as a single entity in 2001, it has become a mainstay of the local financial system. It’s current vice-chair and chief executive is Yingxin Gao.