Chartered Bank of India, Australia and China

Isabella Bank Corporation Completes $30 Million Subordinated Notes Offering

Retrieved on: 
Thursday, June 3, 2021

PLEASANT, Mich., June 2, 2021 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced the completion of its private placement of $30.0 million in aggregate principal amount of 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Notes") to various institutional investors (the "Offering").

Key Points: 
  • PLEASANT, Mich., June 2, 2021 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced the completion of its private placement of $30.0 million in aggregate principal amount of 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031 (the "Notes") to various institutional investors (the "Offering").
  • "This issuance is an opportunity for Isabella Bank Corporation to raise capital without issuing additional shares and diluting shareholder value.
  • Isabella Bank Corporation (OTCQX: ISBA) is the parent holding company of Isabella Bank, a state chartered bank headquartered in Mt.
  • For more information about Isabella Bank Corporation, visit the Invest in Us link at www.isabellabank.com .

Standard Chartered Bank wins IDC's "2021 Smartest Bank in Asia" award with SAS solution

Retrieved on: 
Tuesday, March 30, 2021

Standard Chartered Bank's efforts in building a competitive advantage around risk analytics and intelligence are a key element of their success in digital transformation.

Key Points: 
  • Standard Chartered Bank's efforts in building a competitive advantage around risk analytics and intelligence are a key element of their success in digital transformation.
  • Standard Chartered Bank's initiative was among the 100 high-quality entries submitted for this award by leading banks across Asia-Pacific (excluding Japan) or APEJ region.
  • The bank's principles of openness to running models on many programming languages aligned their stress testing solution with what SAS is doing with its analytical platform.
  • With this, Standard Chartered Bank can fulfil its ultimate goal of stress testing: to ascertain the sustainability of the bank over its capital funding position.

Standard Chartered and HKTDC Launch "Standard Chartered GBA Business Confidence Index"

Retrieved on: 
Monday, June 22, 2020

(from left) Standard Chartered's Kelvin Lau, Senior Economist, Greater China; Rose Kay, Head, Greater Bay Area; Mary Huen, Chief Executive Officer, Hong Kong; HKTDC's Margaret Fong, Executive Director; Johnny Wan, Director, Publications & E-Commerce; and Nicholas Kwan, Director of Research, at the launch ceremony of "Standard Chartered GBA Business Confidence Index".

Key Points: 
  • (from left) Standard Chartered's Kelvin Lau, Senior Economist, Greater China; Rose Kay, Head, Greater Bay Area; Mary Huen, Chief Executive Officer, Hong Kong; HKTDC's Margaret Fong, Executive Director; Johnny Wan, Director, Publications & E-Commerce; and Nicholas Kwan, Director of Research, at the launch ceremony of "Standard Chartered GBA Business Confidence Index".
  • Mary Huen, CEO, Hong Kong, Standard Chartered, said: "We are very pleased to join forces with the HKTDC to introduce the first GBA business confidence index in the market.
  • Margaret Fong, Executive Director, HKTDC, said: "We are delighted to collaborate with the Standard Chartered again.
  • Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC.

Conversational AI by Kasisto's KAI Banking Powers Standard Chartered's Virtual Assistant

Retrieved on: 
Wednesday, March 13, 2019

NEW YORK, March 13, 2019 /PRNewswire/ -- Kasisto , creators of KAI Banking , the leading Conversational AI platform for the finance industry today announced that the KAI-powered assistant Stacy is in full production with Standard Chartered Bank in Hong Kong.

Key Points: 
  • NEW YORK, March 13, 2019 /PRNewswire/ -- Kasisto , creators of KAI Banking , the leading Conversational AI platform for the finance industry today announced that the KAI-powered assistant Stacy is in full production with Standard Chartered Bank in Hong Kong.
  • "KAI gets smarter and improves its capabilities each time a bank like Standard Chartered leverages it at scale."
  • "We have added another enhancement to clients' digital experience Standard Chartered Virtual Assistant Stacy, making banking simpler, faster and with a human touch," said Vicky Kong, Managing Director and Head of Retail Banking, Hong Kong, Standard Chartered Bank (Hong Kong) Limited.
  • "Today, Stacy supports hundreds of unique banking questions and hundreds of thousands of ways to understand and solve customers' queries.

Oklahoma's First New Bank Charter in 10 Years Granted

Retrieved on: 
Thursday, January 24, 2019

OKLAHOMA CITY, Jan. 24, 2019 /PRNewswire/ --Watermark Bank has officially been granted a charter by the Oklahoma State Banking Department and opened their doors.

Key Points: 
  • OKLAHOMA CITY, Jan. 24, 2019 /PRNewswire/ --Watermark Bank has officially been granted a charter by the Oklahoma State Banking Department and opened their doors.
  • The newly chartered bank has already left their mark on the banking industry as Oklahoma's first new bank charter granted in the past decade and one of only 14 granted over the past nine years in the United States.
  • The group has shown their commitment to their model by raising the largest capital for a newly chartered bank in Oklahoma history.
  • Watermark Bank is a newly chartered boutique bank serving Oklahoma business owners, entrepreneurs, investors, family offices and private equity firms with highly personalized financial services.