Latest Scandinavian Financing News

Head of the largest Nordic bank branch in Asia, Jan Stjernström, is retiring after 40 years in the business

He has worked in over 50 different countries, doing transactions, and his career has spanned 40 years in the banking business. Now, after five years as the head of the largest Nordic Bank branch in Asia, Jan Stjernström retires from SEB Singapore. As a young banker in 1984, Swedish Jan Stjernström travelled to Southeast Asia…

Danske Bank hosted Sino-Nordic Seafood Forum

Danske Bank has hosted the second ‘Danske Bank Sino-Nordic Seafood Forum’ in Qingdao China. 17 companies on three panels and full house of guests consisting of leading seafood industrial players and investors from China and the Nordics gathered to discuss growth prospects, sector outlook and cross border cooperation, reported Danske Bank. Source: Yanling Zheng of…

Swedish Collectius takes of non-performing loans Philippines

Collectius is continuing to purchase portfolios of non-performing consumer loans within Southeast Asia. The company is now spearheading the first secured portfolio in the Philippines when taking over 40 million USD non-performing loan (NPLs) portfolio with cars as collateral. The deal that consist of both auto and personal loans is Collectius’ third bank portfolio of…

Nordic finTech investor event Singapore

During the upcoming Singapore Fintech Festival which draws attendants from worldwide – over 30 000 of them expected in 2018 – the just established Nordic Innovation House Singapore organizes and invites to the Nordic FinTech Investor event. Taking place on 13November, 4pm – 6pm, where invitees will be able to learn more about the Nordic…

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…