Latest Scandinavian Financing News

Danish PPP investment round table held in Vietnam

A round table discussion on a blended finance model solution for a public private partnership investment within the water sector in Vietnam took place on 9 Ocober under the co-organisation of the Embassy of Denmark in Vietnam, Grundfos, the Investment Fund for Developing Countries (IFU), Vietnam Water Supply and Sewage Association (VWSA) and Asia Society…

EU-funded support programme for SMEs: EU Business Avenues Southeast Asia

The EU-funded EU Business Avenues in South East Asia is tasked to help SMEs from EU countries with business internationalisation. ScandAsia takes an in-depth look and talks to some Nordic companies who participated in one of their missions to Southeast Asia within Information & Communication Technologies. How does it work? Who is it for? And…

Danish Business Minister signed big fintech, maritime sector deals with Singapore

Bilateral partnerships signed between two countries that are much alike in many areas. Danish companies thrilled about new possibilities in Singapore. Last week, the Danish Minister for Industry, Business and Financial Affairs, Rasmus Jarlov, visited Singapore, making comprehensive bilateral deals between the two countries in the maritime innovation sector and in the fintech sectors. Two…

Danish Business Minister visited Singapore

Major deals were signed when the Danish Business Minister Rasmus Jarlov visited Singapore this week on his first international visit. The prime focus was Maritime Innovation and Fintech. During the three day long visit to Singapore, Danish Minister for Industry, Business and Financial Affairs, Rasmus Jarlov, and his entourage initiated three new important partnerships between Denmark…

Inspiration from Scandinavia: GH Bank will roll out new mobile app

With the almost cash-free Scandinavian countries as their role model, Government Housing Bank in Thailand will launch a mobile app and other digital services that will make it easier to pay without cash, writes Bangkok Post. Cash has become a rare thing in Scandinavia, where credit card payments and mobile transactions are an option in…

Asia House event: Danish fintech in Singapore

On 30 August Copenhagen Fintech and the Danish Embassy Singapore is hosting an event at Asia House in Copenhagen. The event is shedding light on Singapore’s Fintech environment prior to the upcoming Singapore Fintech Festival in November. The session will be looking at the present market opportunities, newest trends and most recent developments. What are…

Collectius acquires non-performing loan portfolio in Philippines

Collectius Group from Sweden has announced that it acquires a 100 million USD non-performing loan (NPLs) portfolio in the Philippines. The transaction permits Collectius to support 170 000 debtors to become debt free. The deal with a local bank further strengthens Collectius position as the preferred debt purchaser of consumer non-performing loans (NPLs) in the…

China-Norway coop held in Shanghai

China and Norway joined hands in a financial cooperation seminar held in Shanghai. The cooperation between China and Norway has flourished in many areas, including political, cultural, environmental, educational, sport, science, trade, investments and finance, according to Global Times. That’s the basic point expressed by Geir O.  Pedersen, Ambassador, Royal Norwegian Embassy in China who held the…

The company behind illegal North Korean arms trade was a customer of Danske Bank

The biggest banking scandal in the modern history of Denmark continues to add new unexpected shades to the story. The scope of the Danske Bank money laundering scandal is greater than expected according to the Danske Bank CEO. Back in 2009, the bank was involved in a criminal case about illegal trafficking of North Korean…