Social Mixer 2024 Singapore
marketing interactive Content360 Singapore 2024 Content360 Singapore 2024
marketing interactive

Hong Leong Bank aims to digitise wholesale banking

share on

In a bid to digitise its wholesale banking business, Hong Leong Bank Bhd (HLBB) has purchased Intellect iGTB suite offered by India –based banking tech firm Intellect Design Arena.The move excludes its treasury segment and is aimed at acquiring new customers while retaining existing ones.In local media reports, Hong Leong Islamic Bank Bhd (HLIB) managing director and chief executive officer Raja Teh Maimunah said: “The digital platform is the way forward and we’re looking to provide more services to our customers to heighten consistency of transactions. We have a house target for that.”Across global consumer banking (iGCB), Central Banking, Risk & Treasury Management (iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC), Intellect provides full spectrum, fully integrated products that run in over 200 financial institutions, across 30 countries.HLBB’s purchase of the Intellect iGTB suite consists of the digital omni-channel delivery platform and related applications in digital Cash Management, Liquidity Management, Domestic and Foreign Payments, Trade Finance and Supply Chain Financing.

share on

Follow us on our Telegram channel for the latest updates in the marketing and advertising scene.
Follow

Free newsletter

Get the daily lowdown on Asia's top marketing stories.

We break down the big and messy topics of the day so you're updated on the most important developments in Asia's marketing development – for free.

subscribe now open in new window