Bhuchar, who once worked at DBS for over a decade, will join the Japanese bank in Singapore to oversee cash and trade products for Asia Pacific clients.
The Japanese bank has tapped into India’s microfinancing sector through a facility with Svatantra Microfin, which targets female entrepreneurs in India’s rural areas.
While fintech is changing the face of cash management, strong relationships and trust remain the partnership building blocks between banks and corporate clients in Asia. SMBC’s problem-solving relationship with a top renewable energy company exemplifies this.
CFO Jason Lau Sik-yuen shares his savvy strategy on obtaining cheap loans, how his company fended off anti-dumping allegations and why maintaining good credit has drawn bankers to his door.