SCB

This year in a tight battle between two Thai banking heavyweights, Siam Commercial Bank pipped Kasikornbank to several awards on its radical reforms.

The programme is expanded to $1 billion to support emerging market trade flows.

Standard Chartered awards an ATM mandate to Wincor Nixdorf, while Fundtech and VocaLink form a partnership to launch a new payments service.

Neil Daswani, Sumit Aggarwal and Dinesh Khanna take up new roles at Standard Chartered.

Neil Daswani, head of transaction banking for North Asia at Standard Chartered, explains what Chinese companies are looking for when going abroad.

Deutsche Bank launches new offshore renminbi trading capabilities, while HSBC inks an alliance with Swift and SAP for a new treasury system.

Despite a lack of regional credit insurance cover and a simple failure by some local banks to understand the process, open account trade volumes are set to increase this year.

When doing business in China, it pays to have both local and international banking relationships.

The findings suggest Standard Chartered's two new iPhone applications, one of which is said to be first to enable both cash and trade authorisation, are coming at the right time.