By combining credit assessments driven by artificial intelligence (AI) and big data with cutting edge digital infrastructure, FinVolution Group plans to empower financial institutions and advance financial inclusion across Asia, explains Joseph Ruan, chief operating officer of the fintech firm’s Philippines business.
INDONESIA: Best Bank for Financial Inclusion (DOMESTIC) | Best Commercial Bank - SMEs (DOMESTIC) | Best Custodian Bank (DOMESTIC) | Best Private Bank (DOMESTIC)
Singapore: Best Commercial Bank - SMEs (DOMESTIC) | Most Innovative Use of Technology - Banks (DOMESTIC)
HONG KONG SAR: Best Commercial Bank - SMEs (INTERNATIONAL)
INDONESIA: Best Commercial Bank - SMEs (INTERNATIONAL)
MALAYSIA: Best Commercial Bank - SMEs (INTERNATIONAL)
Andrew Cross, CFO at the Beijing-based infrastructure bank, shared his views on private capital mobilisation, high interest rates, sustainabilty bonds, and the attraction of Hong Kong as a fundraising destination; the AIIB is looking to deploy $75bn by 2030.
Through its pivotal role in the record-breaking acquisition of Vinda International Holdings by a subsidiary of Singapore’s Royal Golden Eagle (RGE) Group, BOC Macau secured a well-earned award from FinanceAsia for ‘Best Syndicated Loan Deal - China Offshore’.
The loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".
Shilpa Gulrajani, DBS' head of sustainable finance, institutional banking, offered her thoughts on how capital markets are aligning with the region’s transition needs, including green loans and blended finance, on the sidelines of Ecosperity Week.
Pei-Si Lai, CEO of GXBank, Malaysia's first digital banking firm, will take over from Muthukrishnan Ramaswami, who is retiring, at the beginning of June.
Clean energy investments are ramping up in Apac, but a $800bn annual shortfall risks slowing momentum. At Temasek’s Ecosperity Week, IFC's Riccardo Puliti and BlackRock's Susan Chan called for bolder partnerships, clearer policies, and better capital mobilisation.
