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E.SUN FHC is unique in the banking industry. With no affiliation with family nor government agency, E.SUN is a banker’s bank - a bank that is owned by employees, and managed for customers. All employees can sing the corporate anthem by heart, and almost every employee owns shares of the company. These practices might seem unconventional, but they represent the spirits of a sustainable succession system that makes E.SUN built to last.

Credit risk is defined as the probability that a bank borrower or counterparty will fail to meet their obligations in accordance with agreed terms. The goal of credit risk management is to maximize a bank's risk-adjusted rate of return by ...

‘Stay at home. Stay safe’. These are perhaps the words that will characterise 2020, a year dominated by the global Covid-19 pandemic. Businesses are dealing with major disruption to their supply chains, and domestic and cross-border trade remains severely impacted by extraordinary skews in demands and government-imposed ‘stay home’ regulations in countries around the world.

Andrzej Gliski, Member of the Management Board of Bank Millennium in Poland, explains how electronic guarantees are increasingly used in trade finance to simplify the circulation of documents, reduce processing times, provide greater transparency, and cut transaction costs.

As Kuwait’s Vision 2035 national development plan calls on the country to become a financial and cultural leader in the Middle East, NBK Group Chairman Nasser Musaed Al-Sayer says the bank’s strategic sustainability initiatives put NBK at the forefront of Kuwait’s future transformation.

The latest banking revolution is customer driven, and Portugal’s Millennium bcp is at the forefront of innovative, customer-centric retail banks that literally put the bank into their customers’ pockets.

Against a backdrop of lengthening supply chains and economic uncertainty, comprehensive working capital management programmes are growing in popularity. Adeline de Metz, UniCredit’s Global Co-Head of Trade and Working Capital Solutions outlines how a holistic approach to working capital management can lead to significantly better results over time.