Saturday September 22, 2018 02:55

SETTLEMENTS Press Releases

World Bank Group Announces Settlements in Connection with Fraudulent Practices in Projects in Stcoks—21 Jun 18

WASHINGTON, June 20, 2018— The World Bank Group today announced the debarment of a construction company and a consultant in connection with fraudulent practices in two separate projects in Nicaragua. The debarments make Nicaragua-based Constructora

More Trains Available for Booking with JR Kyushu Rail Pass Discount Tickets for Foreign Visitors to Lifestyle—28 Feb 18

Kyushu Railway Company (JR Kyushu) has been facilitating credit card settlements, issuing E-tickets to ensure smooth purchases and providing fee-based services to reserve seats on popular tourist trains since August 2017 when it launched the JR Kyushu

KASIKORNBANK enhances the role of Thai-Myanmar Border Trade Business Center Joining hand with Stcoks—26 Feb 18

KASIKORNBANK (KBank) teams up with Kanbawza Bank (KBZ Bank), Myanmar's largest bank, to implement a staff exchange program of Mae Sot-Myawaddy, aimed at boosting Thailand-Myanmar border businesses. Focus is made on import-export settlements via banking

UAE Speeds up Efforts to Build Settlements in Space Through the Mohammed Bin Rashid Center for General—12 Feb 18

Established by the Dubai Future Foundation, the MBR for Future Research works to expedite the UAE's space ambitions In its commitment to accelerating global space exploration activities, the UAE launches the Space Challenge with a dedicated global grant

คันทรี การ์เดน ฟอเรสท์ ซิตี้ คว้ารางวัล SCAHSA ต่อเนื่อง 2 ปีซ้อน บ้าน/คอนโด—17 Nov 17

เมื่อวันที่ 31 ตุลาคม ตามเวลาสหรัฐ ได้มีการจัดงาน Sustainable Cities and Human Settlements Award (SCAHSA) ประจำปี 2560 ขึ้นที่นิวยอร์ก โดยคันทรี การ์เดน ฟอเรสท์ ซิตี้ (Country Garden Forest City)

Country Garden Forest City wins the SCAHSA award for the second consecutive Properties—17 Nov 17

On 31 October (US Eastern Standard Time), the 2017 Sustainable Cities and Human Settlements Award (SCAHSA) ceremony was held in New York. Country Garden Forest City won the Global Model of Green Building Industrial Park award for its industrial park

Photo Release: KBank becomes Thailands first bank offering trade settlement in all AEC+3 Stcoks—03 Mar 17

Recently, at KASIKORNBANK's Phahon Yothin Building, Mr. Silawat Santivisat 4th from right, and Mr. Pattarapong Kanhasuwan, 4th from left, KBank Executive Vice Presidents, held a press conference on funds transfer and trade settlement services denominated

Photo Release: KBank, IBS join hands to develop international settlement system based on Stcoks—20 Dec 16

Recently, at KASIKORNBANK Head Office, Rat Burana, Mr. Banthoon Lamsam, KBank Chairman of the Board, and Mr. Luo Feng, International Business Settlement Chairman of the Board, signed a memorandum of understanding to develop the Sino-Thai settlement

KBank, IBS join hands to develop international settlement system based on Stcoks—15 Dec 16

KASIKORNBANK, in cooperation with International Business Settlement Co., Ltd. (IBS), a Chinese FinTech giant, has developed a real-time Sino-Thai settlement system based on the Next Generation Settlement Network (NGSN) which helps save time and costs

Deutsche Bank may pull back on US operations as part of settlement Stcoks—17 Oct 16

Reports in German media have suggested Deutsche Bank may scale back its US operations as part of a multibillion-dollar settlement over a probe into its residential mortgage-backed securities. Newspaper "Die Welt am Sonntag" reported over the weekend that

Ripple adds several new banks to global network Stcoks—15 Sep 16

San Francisco -- Ripple, the global provider of financial settlement solutions, announced the addition of several financial institutions to its growing network. Standard Chartered, National Australia Bank (NAB), Mizuho Financial Group (MHFG), BMO

Siam Commercial Bank invests in Ripple, world leader in blockchain technology Being the first Thai Stcoks—16 Sep 16

Siam Commercial Bank (SCB), through its FinTech subsidiary Digital Ventures, announced its direct venture capital investment in Ripple, a San Francisco-based provider of financial settlement solutions, making it the first Thai commercial bank to invest

Singapore reinforces position as the largest FX centre in the Asia Pacific and third largest Stcoks—01 Sep 16

Singapore - The Monetary Authority of Singapore (MAS) announced today that Singapore remains the largest foreign exchange (FX) centre in the Asia-Pacific region and third largest globally after London and New York, according to the 2016 Triennial Central

IMF, FSB and BIS publish Elements of Effective Macroprudential Policies Stcoks—01 Sep 16

The International Monetary Fund (IMF), Financial Stability Board (FSB) and Bank for International Settlements (BIS) released today a new publication on Elements of Effective Macroprudential Policies. The document, which responds to a G20 request, takes

S. Korea to open euro-based payment system for trade with Iran Stcoks—25 Aug 16

South Korea will start a euro-based settlement system for trade with Iran, one of the biggest financial barriers for trade with Iran, following the lifting of international sanctions, the financial minister said Thursday, Yonhap news Agency

Japanese banks to jointly launch blockchain-based money transfer system Stcoks—23 Aug 16

Several Japanese banks intend to form a consortium with SBI Ripple Asia and jointly build a blockchain-based system for 24-hour fund transfers services. The alliance is seen to initially attract some 15 members, both small and large banks, as well as

More financial institutions join Ripples global network Stcoks—23 Jun 16

San Francisco – Ripple, the global provider of financial settlement solutions, today announced the addition of seven financial institutions to its growing network. Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and

Ripple Strikes Multi-National Deal With SBI Holdings to Meet Growing Demand for Ripple Solutions Stcoks—29 Jan 16

- $28 Billion Financial Services Giant to Apply Deep Industry Experience and Turnkey Bank Network to Drive Ripple Adoption in Asia Ripple, global provider of financial settlement solutions, and SBI Holdings, Inc., global financial services company,

World Toilet Day 2015: new World Bank report finds severe lack of access to water sanitation for Stcoks—20 Nov 15

As more and more families migrate from rural areas to Pacific capital cities, water, sanitation and health challenges in rapidly growing informal settlements in key Pacific capital cities are in urgent need of response, according to a new World Bank

CLS to develop settlement service for cleared FX products Stcoks—04 Aug 15

CLS, the leading provider of settlement services for the global foreign exchange (FX) market, today announced that it is working with LCH.Clearnet, a leading global multi-asset clearing house, to develop a service to facilitate the settlement of cleared

CIGNA selects Deutsche Bank as custodian bank in Indonesia Stcoks—31 Jul 15

Deutsche Bank today announced that it has been appointed custodian bank by PT Asuransi CIGNA ('CIGNA') for the company's Cigna Money Market Fund and Cigna Dynamic. Deutsche Bank will provide safekeeping, fund administration and settlement services for

Deutsche Bank offers access to the ECB#s new settlement system Stcoks—23 Jun 15

In the context of the first migration wave Deutsche Bank will offer access to TARGET2-Securities TARGET2-Securities (T2S), the European Central Bank's new platform for the cross-border settlement of securities transactions, went live on June 22, 2015.

BIS, ECB and IMF publish the handbook on securities statistics Stcoks—13 May 15

The Bank for International Settlements (BIS), the European Central Bank (ECB) and the International Monetary Fund (IMF) today jointly released the Handbook on Securities Statistics. The importance of securities markets in intermediating financial flows,

BIS, ECB and IMF publish the Handbook on Securities Statistics Stcoks—13 May 15

The Bank for International Settlements (BIS), the European Central Bank (ECB) and the International Monetary Fund (IMF) today jointly released the Handbook on Securities Statistics. The importance of securities markets in intermediating financial flows,

Settlements Affect Purchasers of Airline Tickets between the U.S. and Asia, Australia, New Zealand, Lifestyle—09 Mar 15

The following is being released by the law firms of Cotchett, Pitre & McCarthy LLP and Hausfeld, LLP. Settlements have been reached with eight airlines in a class action lawsuit involving the price of airline tickets. The Settling Defendants are:

Bangkok Bank becomes first bank in Laos to receive license for full custody services from the Lao Stcoks—19 Feb 15

Bangkok Bank has become the first and only bank to be granted a license to provide full custody services in Lao PDR. Its complete range of international-standard services include safekeeping, settlements and processing, as well as managing assets for

Nigerian Interbank Settlement System certifies goSwiff on mPOS Stcoks—26 Jan 15

LAGOS - goSwiff, a global mobile commerce and marketing services provider, announced today that their mPOS platform has been certified for the Nigerian market, to support Nigerian government’s “Cashless Nigeria” initiative. The Central

CLS to expand third-party forex settlement services in South Korea Stcoks—24 Dec 14

CLS Group (CLS), the market infrastructure that enhances financial stability by providing risk mitigation services to the global foreign exchange (FX) market, today announced its intention to work with its settlement members to expand its third-party

Photo Release: SCB introduces Bank Payment Obligation (BPO), an innovative trade finance Stcoks—18 Jul 14

Siam Commercial Bank (SCB) recently hosted a “BPO Bringing Efficiency to Trade Flow” seminar to inform clients about Bank Payment Obligation (BPO), a new settlement solution providing faster and more effective trade finance transactions. SCB