Tag "Asian Development Bank (ADB)"

ADB, GEAPP, and MAS Aim to Mobilise US$2 Billion for Energy Transition in Asia

The Asian Development Bank (ADB), the Global Energy Alliance for People and Planet (GEAPP), and the Monetary Authority of Singapore (MAS) aim to mobilise up to US$2 billion in mixed concessional and commercial capital to accelerate the energy transition in

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ADB, Switzerland Sign US$5 Million Co-Financing Deal to Support Vietnamese Fintechs

The Asian Development Bank (ADB) and Switzerland signed a co-financing agreement of up to US$5 million for Vietnamese fintechs focused on addressing financial inclusion in the country, particularly among small and medium-sized enterprises (SMEs). This funding, along with a US$2

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R3 Teams up With ADB to Explore Use of Blockchain in Sustainability, Digital Assets

Global enterprise software firm R3 has partnered with the Asian Development Bank (ADB) to explore the use of distributed ledger technology (DLT) in driving digital transformation. The partnership involves a proof-of-concept (POC) project aimed at establishing a cross-border multi-currency securities

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Standard Chartered Thailand: First Blockchain Based Cross-Bank Letter of Credit

Thailand’s Standard Chartered completed its first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain between Vietnam and Thailand. The transaction was done in partnership with Asian Development Bank (ADB) and the Bank for Investment and

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