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HNB drives growth amid Sri Lanka's economic odds

Deema Shaath, Head of Consumer Banking Digital Strategy at the National Bank of Kuwait (NBK), outlines the bank's innovative digitisation strategy. Shaath emphasises the integration of technology and customer-centric banking and NBK's commitment to excellent services tailored to changing consumer needs. Banks in Sri Lanka faced macro-economic led challenges, including high inflationary pressures, managing asset quality and growth. Despite difficult circumstances, Hatton National Bank (HNB) managed a notable performance in its retail banking business in 2023.  Sanjay Wijemanne, deputy general manager of retail banking group at HNB shared the bank’s business performance in 2023 and key strategic initiatives to support their customers. He stated: “In the current economic environment, liquidity is paramount. We focused strategically on deposit mobilisation and liquidity management. The bank’s total deposits grew to LKR 1.5 trillion ($4.8 billion) from LKR 1 trillion ($3.2 billion)

Taikang Family Office: Wealth planning for UHNW clients that caters to their increasing lifespans

Taikang’s adept grasp of ultra-high-net-worth clients’ lifelong needs has enabled it to create a seamless fusion of insurance, healthcare, and asset management resources, crafting a comprehensive model catering to families throughout their lifetimes Taikang responds proactively to the global trend of longer lifespans and rapidly ageing populations By combining insurance, healthcare, and asset management, it creates a comprehensive system to meet lifetime needs Health Wealth Planner and Happy Family with Taikang solutions has attracted over 200,000 customers The global demographic landscape is undergoing a fundamental shift characterised by higher life expectancy and rapidly ageing populations. Statistics reveal that the worldwide population aged 60 and above has surpassed 900 million and is projected to reach 2.2 billion by 2050.  In China, the elderly population is growing rapidly, with over 267 million individuals aged 60 and above at the end of 2021, accounting for 18.9% of the tota

Highlights from the Premier Banking and Finance Conference

In the fast-paced realm of banking and finance, staying ahead of the curve is paramount. Each year, industry leaders, innovators, and professionals gather at prestigious Banking and Finance Conferences to discuss emerging trends, share insights, and shape the future of the financial landscape. These conferences serve as fertile ground for networking, learning, and fostering collaborations that drive the industry forward. This year's Banking and Finance Conference , hosted by The Asian Banker, surpassed expectations as it brought together a diverse array of stakeholders from across the globe. From seasoned veterans to fresh-faced disruptors, attendees converged to explore the theme of "Innovations in Banking: Navigating a Digital Future." One of the most anticipated aspects of the conference was the keynote address by renowned thought leaders. Experts delved into topics such as blockchain technology, artificial intelligence, and the rise of digital banking. With rapid adv

Insights into the Dynamic Landscape of Asian Banking and Financial Services

In the ever evolving realm of global finance, the Asian banking and finance services sector stands as a beacon of innovation and resilience. As we delve into the intricacies of this dynamic landscape, we uncover the key trends, challenges and opportunities that are shaping the trajectory of financial institutions in the region. Resilience of Asian banking amid global challenges Despite unprecedented global challenges, Banking & Financial Services have shown remarkable resilience. Robust regulatory frameworks implemented by various Asian governments have played a key role in ensuring the stability of financial institutions. Rigorous risk management practices and commitment to technological advancements have positioned these banks as pioneers in adapting to the changing financial ecosystem. Technological transformation in banking The digital revolution has changed the paradigm of banking and financial services in Asia. With a rapidly growing tech-savvy population, financial instit

Charting thе Futurе with Asian Banking and Finance Evolution in Banking and Financial Services

In the dynamic landscape of global finance, Asian banking and finance have become key players reshaping the contours of banking and financial services. With a rich tapestry of diverse economies, Asia is at the forefront of innovation, adaptability and resilience in the financial sector. Asian Banking & Financial Services has undergone remarkable evolution, navigating challenges and seizing opportunities with a forward-thinking approach. As the region continues to witness rapid economic growth, the banking and financial services sectors have become a fundamental pillar for sustainable development and social progress. The robustness of Asian banks lies in their ability to integrate cutting-edge technology, strategic partnerships and customer-centric solutions. In an era dominated by digital transformation, Asian banks have aptly embraced fintech, paving the way for innovative financial services that meet the evolving needs of their diverse customer base. One notable aspect is the c

The Evolving Landscape of Asian Banking and Finance

In thе dynamic world of financе, Asia has еmеrgеd as a powеrhousе, with a banking and financial sеrvicеs sеctor that is rapidly еvolving and rеshaping thе global еconomic landscapе. As thе rеgion continues to еxpеriеncе еconomic growth and tеchnological advancеmеnts, Asian banking and financе arе at thе forеfront of innovation, offеring nеw opportunitiеs and challеngеs. Lеt's dеlvе into this еxciting transformation. Asian Banking and Financе: A Dynamic Environmеnt Asian banking and financе arе charactеrizеd by a divеrsity of markеts, ranging from еstablishеd financial hubs likе Tokyo, Hong Kong, and Singaporе to еmеrging еconomiеs in Southеast Asia. This divеrsity makеs thе Asian financial sеctor incrеdibly dynamic and offеrs a wеalth of opportunitiеs. In rеcеnt yеars, thе Asian banking and financе sеctor has еxpеriеncеd substantial growth, drivеn by factors such as incrеasеd consumеr dеmand, grеatеr accеss to financial sеrvicеs, and rising invеstmеnts in tеchnology. Thе rеgion i

Exploring the Pulse of Asian Banking and Finance at Prestigious Banking Conferences

Asian banking and finance have emerged as significant actors in the global finance scene, propelling economic growth and innovation across the continent. Attending prestigious banking conferences is one of the most effective methods to remain up to date on the newest trends, network with industry professionals, and acquire vital insights into the Asian banking and finance sector. These gatherings bring together professionals, experts, and amateurs interested in delving into the nuances of this flourishing industry. Asian Banking & Finance: A Vibrant Environment In recent years, the Asian banking and finance sector has grown dramatically. Factors such as technical breakthroughs, legal changes, and rising customer expectations are driving this expansion. Asia's banks and financial organizations are constantly evolving. Banking Conferences: A Resource for Information Banking conferences have become the focal point for everything Asian banking and finance. These gatherings bring