Aaron Loo, Managing Director Retail Banking at AmBank Group shares how the bank is coping with increased competition for deposits by adding value to traditional banking services through creative partnerships and technology initiatives

Despite the impressive figures, the banking industry has been slow in partnering with the United Nations Environment Programme Finance Initiative to set, implement and achieve its sustainability goals. The industry’s response to the climate change crisis is neither proactive nor pre-emptive. The vast majority of the estimated 25,000 licensed banks remain outside.

From commercial collaborations, partnerships and innovation labs to direct investment in fintech, banks are adopting varying strategies towards a resilient future growth