Juliet Morris of International Banker interviewsMr. Michael Collis, Chief Executive Officer and Managing Director, and Mr. Melvin Pellicano, Head of Business Development, of BNF Bank.
Mr. Romesh Sobti, CEO of IndusInd Bank joins International Banker to discuss Indian banking reform, the wider challenges facing banks in India and IndusInd’s goal of doubling profit in the next three years.
When the first internet protocol was invented in the 1960s, it was primarily developed for science and industrial purposes, therefore only enabled machines to talk to each other. It had well thought mechanisms that could identify the machines, but it was not designed to enable the secure identification of the person using them.
UNESCO World Heritage Sites are deemed to have special cultural or physical significance; because they are valuable, they should be protected. Some financial-services firms are ensuring that the loans they make will not impede but promote sustainable economic development around the world, especially on WHSs. Standard Chartered is one such company that places its responsibility to protect these precious sites above indiscriminately seeking new business as part of its brand promise to be Here for good.
Automation saves time, cuts cost and carries out routine tasks with unmatched efficiency, so who wouldn’t welcome it? Possibly the people whose income currently depends on carrying out those tasks. Digitalization is guaranteed to strip out much routine work in banking, but it will not necessary mean fewer bank jobs. Roles will be reinvented so that technology frees human staff to provide customers with excellent advice and service.
Ghana is currently experiencing a rapid and massive technological revolution in its banking industry as well as in other sectors of its economy. The innate benefits associated with the use of digital technologies in service delivery have required a myriad of banks to heavily invest in information-technology infrastructure and systems.
Malaysia is amongst Southeast Asia’s most prosperous nations, with consistently high economic growth. It is also amongst the region’s most progressive; one of its top five banks, Hong Leong Bank, is leading the widespread adoption of digital solutions in finance. We were pleased to be joined by two of HLB’s senior executives, Domenic Fuda and Charles Sik, to discuss HLB’s newest strategies toward being “digital at the core”.
Thailand, the second largest economy in Southeast Asia after Indonesia, boasts a varied industrial landscape, with all bases covered from manufacturing to tourism. Kiatnakin Bank Thailand is on a mission to pursue operational excellence in each core business in commercial banking and capital markets. Our interview with Mr. Aphinant Klewpatinond, CEO, provides an in-depth look at a multi-faceted bank thriving in the heart of this seminal unitary state.
The Reserve Bank of New Zealand (RBNZ) regulates banks operating in the country to ensure a safe and efficient domestic financial system, but a high percentage of bank assets that fall under its domain are foreign owned, leading to the challenge of compliance with the bank’s home regulations and New Zealand’s, as its host. However, foreign-owned banks can and do thrive in New Zealand’s soundly maintained financial sector.
Thailand, the second largest ASEAN economy, is increasingly at the forefront of the digital-finance push in the region as part of the Government’s Digitization 4.0 strategy. With its citizens readily embracing technology and especially mobile solutions, Thailand’s financial-services providers have been heavily challenged to put aside traditional approaches and transform radically to compete with the tech giants, the new titans of e-commerce. One Thai bank, Siam Commercial Bank, has made great strides advancing in the digital age.