The firm has added Thailand, Indonesia, Malaysia, Vietnam and Turkey to its network. There are more businesses and consumers increasingly using digital payments across Apac.
With negotiations ongoing, Vietnam and its companies are now at a crucial crossroads, dependent on whether Trump is willing to lower his 46% tariffs, incoming on April 9.
The increased digital capabilities of regional banks has increased competition for treasury centre investment across Asia as less established locations look to take business from Singapore, Hong Kong and Shanghai.
Feb 10, 2025
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Norwegian government-owned Norfund is investing with a view to boost financial inclusion in Vietnam, adding to a list of SeABank’s foreign institutional investors.
Huong Tran will oversee the finance operations across Singapore, Vietnam, Malaysia, Philippines, Indonesia and Thailand, at the fast-growing British digital and cybersecurity firm.
Partnership between LPBank and Finastra to digitise the bank’s treasury offerings highlights the continuing transformation of Vietnam’s banking sector in 2024, but treasury talent could be an issue.