Tag: bnp paribas

Banks are providing incentives to encourage greener, more transparent supply chains, however managing costs is a key challenge, according to a survey.

The Tokyo Metropolitan Government is cementing its leading position at the forefront of Japan’s energy transition with its seventh green bond issuance — and proving to be an inspiration for similarly sized urban areas around the world.

Following a tumultuous year for businesses worldwide, the Key Treasury Challenges Survey finds corporations throughout the Asia Pacific region grappling with pressing concerns on working capital, currency volatility, funding, and more this year, while at the same time devising strategies to chart a course towards regaining growth.

The bank has partnered with BoC to offer corporates wallet services that support use of China’s e-CNY.

SK Geo Centric secured a KRW 475 billion (approx. $375 million) sustainability-linked loan, the first in South Korea to be in line with global standards, ushering a new era of sustainable financing for companies in the country wanting to fulfil their net zero ambitions.

Collaboration between the two markets marks an important milestone in the achievement of seamless cross-border payments in the APAC region.

The bank has highlighted transaction banking as a key growth pillar and sees opportunities to help treasurers in the region navigate ongoing and emerging challenges, and to optimise working capital management through digitisation.

Cynthia Tchikoltsoff will relocate to the bank’s Asia-based Transaction Banking headquarters in Singapore, in January, to lead the Global Trade Solutions team. Stephane Gaboriaud reports to her as deputy.

Volatility in developed markets, the energy crisis in Europe, and widening of Asia-focussed strategies has led to increased interest in these two markets.

Chinese auto maker, Geely, is accelerating its transition to new energy vehicles with its first major financing under a new sustainable finance framework.

The firms have worked together since 2019 to serve mutual clients on the automation and digitision of hedging processes.

The European bank relocates its Zurich-based head of Transaction Banking to Singapore for the role.