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Investment

NBE Secures $100 million EBRD loan to boost Egypt’s MSMEs

The National Bank of Egypt has secured a 100 million-dollar loan from the European Bank for Reconstruction and Development to boost lending to micro, small and medium-sized enterprises. The National…

Hong Leong Assurance launches HLA Legacy Wealth for Malaysian HNWIs

Hong Leong Assurance (HLA) has launched HLA Legacy Wealth, a new insurance product tailored to Malaysia’s high-net-worth individuals who are seeking structured solutions for legacy planning and wealth transfer. The…

ADB expands financial collaborations to strengthen economic resilience

ADB has strengthened its financial capacity and regional partnerships through a $3 billion sovereign exposure exchange agreement with the World Bank and a new cooperation deal with JFSA to promote…

HSBC writes off stake in British fintech Monese

Global banking giant HSBC has “completely impaired” its minority stake in UK fintech firm Monese, according to the bank’s filings earlier this year. The news follows just two years after…

Deutsche Bank boosts investment in Vietnam to support growth

Media Release, 29th May 2023 – Deutsche Bank has today announced a capital allocation increase for its Ho Chi Minh City branch of USD 100 million, bringing the total to…

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            The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

            COVID-19
            Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

            Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

            The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

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