Southeast Asia
Southeast Asia
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UOB’s acquisition of Citi’s consumer assets in four southeast Asia markets strengthens its status in one of the world’s fastest growing regions. The Singapore lender’s CEO Wee Ee Cheong talks to Euromoney about why this matters and what comes next.
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The commodities firm still needs large banking groups and a range of options when it comes to supporting its operations.
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Thailand wants to give almost every adult in the country money through a digital wallet. It’s an interesting step towards bringing digital finance to the mainstream.
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While the air at the Singapore Fintech Festival was full of grand ideas about GenAI, real innovation was taking place in the weeds of fintech development.
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Singapore’s DBS Bank has spent the past decade transforming itself into one of the world’s best digital banks. But a series of lengthy service outages over the past year has wrongfooted senior management, who have been left to issue apologies and pledge to do better.
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Singapore’s big-three lenders – UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?
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The Singapore regulator MAS has set guidelines for banks transitioning to net zero. Unusually, it cautions against moving too fast.
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Beneath the Great Game geopolitics of US-Vietnam relations, there are some intriguing possibilities in the detail.
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Southeast Asia’s capital markets are buzzing, making them hot favourites with global investors. But be warned: some big obstacles are expected in the months ahead, testing the ability of issuers and investment banks to get deals over the line.