The Asian Banker RSS PRN

“Financial inclusion is a lie”

Mon, 03 Oct 2022 18:30:00 +0800
Financial inclusion goes beyond just having a bank account, said Emmanuel Daniel, founder and chairman of Wealth and Society, to Robert Rubinstein, chairman of TBLI Group. Daniel said governments also should promote financial literacy and facilitate access to digital assets.

BDO bolsters retail businesses and expands digital capabilities

Tue, 27 Sep 2022 18:59:00 +0800
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.

Young-old tensions in SFOs a barrier to ESG investments

Tue, 27 Sep 2022 10:00:00 +0800
Intergenerational differences feature in SFOs dominated by the older, more growth-driven generation; disparity in investment approach based on geography and SFO asset size also feature in Credit Suisse’s 2022 survey report of SFOs based on 116 responses from 50 countries

Access Bank's retail deposits grew by 95% to $5.03 billion driven by its digital transformation strategy

Mon, 26 Sep 2022 11:04:00 +0800
Access Bank demonstrated a strong performance in financial, digital journey and customer experience compared to other banks in Nigeria.

How ASEAN digital players may gain from heightened economic stress

Sat, 10 Sep 2022 15:19:00 +0800
Amid higher inflation and ensuing economic slowdown, Southeast Asia presents immense opportunities for digital players to capture the consumer and SME lending markets that traditional banks are unwilling to serve due to increased costs and risks.

Nedbank’s retail gross revenue grew by 6.4%, to $1.29 billion in 2021

Tue, 06 Sep 2022 01:58:00 +0800
Nedbank’s retail banking business posted growth in 2021, on the back of transformation through digital ecosystems and branch infrastructure.

How banks can prepare to adopt crypto

Mon, 05 Sep 2022 01:31:00 +0800
The worlds of crypto assets and traditional finance are becoming ever more integrated. Despite the recent volatility in the crypto market caused by issues with centralised finance (CeFi) platforms, the ecosystem has remained intact. Institutional interest continues to grow and more banks are seeking ways to get involved with digital assets, however, that process hasn’t always proved straightforward

90% of BIS surveyed central banks started on CBDC

Fri, 02 Sep 2022 15:19:00 +0800
According to a survey conducted by BIS, the share of central banks actively engaged in some form of CBDC work grew to 90%, with many showing enthusiasm for retail CBDCs.

Migrate with confidence to a secure cloud

Fri, 02 Sep 2022 14:05:00 +0800
Security is top of the agenda in any cloud conversation, Amazon Web Services (AWS) outlines six benefits of cloud security.

Egypt's mobile wallet penetration to reach 50% in 2025

Thu, 01 Sep 2022 10:10:00 +0800
The Egyptian government introduced several initiatives such as developing its information and communication technology (ICT) infrastructure, fostering digital inclusion, embracing innovation, safeguarding cybersecurity, and promoting Egypt's position as a regional pioneer.