Latest Scandinavian Financing News

Marcus Wallenberg to hold business talk in Singapore

The European Chamber of Commerce, Singapore (EuroCham) and the Swedish Chamber of Commerce, Singapore (SwedCham) have announced the inaugural Schuman Business Talk, kicking off with one of the most prominent business leaders from Sweden as Guest of honour and key-note speaker: Mr Marcus Wallenberg of Sweden! Registration for the event that takes place on 3…

Danish business minister Brian Mikkelsen, delegation visited the Philippines

A Danish delegation headed by The Danish Minister for Industry, Business and Financial Affairs, Brian Mikkelsen has visited the Philippines. Along the minister, the Confederation of Danish Industry, Healthcare Denmark, State of Green, The Danish Agriculture & Food Council, Food Nation and the Danish Embassy in Manila participated during 7 – 9 May 2018. The…

Singapore, Denmark tops Ease of Doing Business report 2018

Singapore and Denmark are in the top 3 ranking of being the best countries to do business in in 2018, according to the World’s Bank Doing Business Report 2018. The report hovers around certain aspects of starting and managing a business and then ranks countries based on the score in these certain cathegories such as…

Nordea Bank navigates the highly regulated markets, the do’s, don’ts in Asia

Nordea Bank’s General Managers in China and Singapore talk to ScandAsia about how they navigate the many regulatory challenges and the importance of being on top of things to serve their customers well in a diverse region. Mr Stefan Westergren has headed Nordea Bank’s Shanghai branch for the past three and a half years, looking…

Jan Stjernström, SEB: “Significant growth happening in Asia”

SEB Large Corporates & Financial Institutions has an impressive track record and is today an established player in the global arena. Its presence in Asia is comprehensive, covering an area from India to New Zealand, and supported by some 200 team members including Greater China. Back in the Nordics the bank has been contributing to…

Indonesia and Malaysia among the world’s worst debt collectors

In a recently published report by analyst firm Euler Hermes, Indonesia and Malaysia ranks as some of the worst countries in the world to collect debt, based on the complexity of debt collecting. The analysis looks at several parameters such as local court proceedings and local payment practices for fifty countries, gave them a score…

Blockchain – Crypto: faster adoption than mobiles, or 1931 all over again!

There are many trends within financial technology of interest during 2018. But what we saw during the last quarter 2017, and regardless of where in the world it was, that the absolutely largest trend was Blockchain. This will continue during the whole year – with the three following components. Crypto currencies The man on the…

Bankify of Finland lands seed investment from Reech

Reech Corporations Group has agreed a major seed investment in Finland-based social finance sharing app Bankify to fund an initial commercial rollout in selected markets (announced on 30 October). The app, which has been successfully soft-launched in Finland, will initially target customers in Finland, Ireland and the Netherlands. The aim is to be able to…

Danish start-up Ernit, Nordic participation at Singapore FinTech Festival 2017

Singapore FinTech Festival returned for its second year during 13-17 November 2017, with strong Nordic participation, including Danish and Swedish fintech delegations. Singapore is a financial hub and ranks as fourth on the Global Financial Centre Index 2017. Singapore’s Monetary Authority of Singapore (MAS) organised this massive festival as a way for the City State…