The Asian Tiger Singapore showed its hunger for growth and digital transformation when more than 50 participants representing 25 leading Asian banks attended the fourth iGTB Oxford School of Transaction Banking, held at the Fullerton in Singapore - the first outside its home base, Oxford.
Mr.Yoshihisa Tokazu. Transaction Banking Division. MUFG, Tokyo said "How we will proceed and process a transaction bonking business is being illustrated with examples. This will help in resyncing and improving our process."
Mr.Devashis Das, Joint General Manager, Mizuho, Singapore said "A room full of transactian bankers with 15-30 years of experience is a lot of learning; take lessons and implement for better bonk performance."
Mr. Loo Eng Hock, GTB Head, HLBB Malaysia commented "Fantastic program, I will recommend the program to all tronsoction bankers striving for excellence in managing top lines, clients and products."
Mr. Andre Lee, Consultant, ALIS Capital Advisors Pte Ltd, Singapore, formerly senior executive with Citi, AmBank, UOB & Maybank Malaysia, said "The content in the course is highly relevant and up-to-date. Practical examples on how these are applied are perfect for grooming tronsaction bonkers".
This year, the event was again led by Ted Roosevelt Malloch, CEO, The Roosevelt Group and unearthed a number of practical considerations for banks looking to capitalise on the growth opportunities in Asia. Enhanced by practical design insights from a stellar cast of been-there done-that experienced bankers, the course shares best practices and also allows the participants to test their own designs in practical exercises using "Design Thinking" principles - all to provide optimal solutions to address the key challenges in transaction banking, as well as understand how digital innovations, marketing, economic and attitude of CEO's can impact transaction banking.
The School was well received by attendees drawn from across the financial services sector, achieving a magnificent Net Promoter Score of 72%, all responses agreeing they would recommend the course, and half scoring it 10/10.
Mr. Manish Maakan, CEO of IGTB, said: "An Asia-exclusive iGTB Oxford school for transaction banking has turned out a massive success, with participation from numerous regional banks across Asia. Not only have we received excellent feedback from participants, but they will also now collaborate with each other as alumni of an elite school. The transaction banking business has never been so relevant to this part of the world. It has become imperative for banks to engage in a digital transformation of their transaction banking apparatus, and hence it is vital for emerging banks to understand and prioritise the various aspects of transaction banking. Our curriculum unlocks their potential, and we look forward to our events next year."
Shares of Intellect Design Arena Ltd was last trading in BSE at Rs.202.4 as compared to the previous close of Rs. 214.95. The total number of shares traded during the day was 62851 in over 1135 trades.
The stock hit an intraday high of Rs. 218.45 and intraday low of 201. The net turnover during the day was Rs. 13032177.