| Global instant payment service will soon be a reality | https://www.bil.com/en/bil-group/pressroom/news/Pages/global-instant-payment-service-will-soon-be-a-reality.aspx | Global instant payment service will soon be a reality | | <p>A trial has just concluded in Europe between the European Central Bank (ECB), SWIFT and a group of 19 banks using the TARGET Instant Payment Settlement (TIPS) platform. 12 banks successfully sent cross-border payments from 9 countries (Australia, China, Germany, Hong Kong, Italy, Netherlands, Russia, Thailand and United States) into Europe via 5 banks, among which BIL. The fastest payment took just 41 seconds, when it can take days with traditional correspondent banking services. Having achieved impressive results in the trial, as a next step, SWIFT, the European Central Bank and the European banking community will continue work to move this initiative from proof of concept to a fully optimised, live service.</p>
<p>Through a combination of gpi cross-border payment and domestic real-time payment networks SWIFT, together with gpi banks, will facilitate instant international payments with up-front fee and foreign exchange transparency for senders, while also ensuring ubiquitous availability of instant cross-border payments globally. In the future, BIL will be able to offer the service to its customers, from large multi-nationals to SMEs and financial institutions.</p>
<p><b>Serge Munten, Head of Agile Operations at Banque Internationale à Luxembourg said: </b><br>
“BIL is proud to be the only bank in Luxembourg to have participated in SWIFT’s global gpi instant payment trials. By joining this initiative, we prove again that BIL is at the forefront of innovation. Once the service is available in Europe, we expect to deliver high value services to our clients, with instant payments 24/7 around the world.“ </p>
<p><b>Harry Newman, Head of Banking, at SWIFT said: </b><br>
“At SWIFT, we are creating a future in which cross-border payments will be as convenient as domestic ones. It is time for the whole community to come together to seize this opportunity and establish a global real-time payment service.
“We will be discussing with the MIs involved in the trials how to progress to live operation and invite all domestic real time payment systems to come and join in this exciting venture. The technology is in place, it is proven and it is now a reality that cross-border payments can be as fast as domestic payments.”</p> | 10/3/2019 2:00:00 PM | | |
| Christian Sand Kirk appointed BIL Danmark CEO | https://www.bil.com/en/bil-group/pressroom/news/Pages/Christian-Sand-Kirk-appointed-BIL-Danmark-CEO.aspx | Christian Sand Kirk appointed BIL Danmark CEO | | <p>Christian Sand Kirk has been appointed as the new CEO of BIL Danmark, effective 1 October 2019, reporting directly to Hans-Peter Borgh, Global Head of Wealth Management of BIL Group. </p>
<p>As the new CEO of BIL Danmark, Christian Sand Kirk will lead BIL’s wealth management and asset management services in Copenhagen and Aarhus, implement and deliver the bank’s strategic plan for Denmark whilst working in close collaboration with all entities of BIL Group. </p>
<p>Hans-Peter Borgh, Global Head of Wealth Management of BIL Group said: “As an experienced private banker as well as a seasoned manager, Christian will help us further grow our business in Denmark. We have an exciting opportunity to offer our unique International Private Banking service to high net worth clients in Denmark. With our focus on a specific niche market, we are looking to continue the path towards the growth of our franchise by focusing on superior client experience.”</p>
<p>Christian Sand Kirk has over 30 years of experience in Banking in Denmark, Luxembourg and England. Before joining BIL, he held the position of Head of Private Banking at Sydbank for 5 years. Prior to Sydbank, he worked for the Danske Group from 1987 to 2014 in Private banking and Investment Services. Christian Sand Kirk holds an Executive MBA from Copenhagen Business School.</p> | 10/2/2019 8:00:00 AM | | |
| BIL Suisse appoints Swiss private banking veteran to lead its Chinese Market | https://www.bil.com/en/bil-group/pressroom/news/Pages/BIL-Suisse-appoints-Swiss-private-banking-veteran-to-lead-its-Chinese-Market.aspx | BIL Suisse appoints Swiss private banking veteran to lead its Chinese Market | | <p>Roger Groebli will be based in Zurich and report to Marco Schaller, Head of Private Banking, BIL Suisse. In his new role, he will be responsible for the development of the Chinese market.</p>
<p>He joins from Credit Suisse AG, where he was Head of Private Banking North Asia, APAC Switzerland. Prior to Crédit Suisse, Mr. Groebli was Chief Executive Officer for Reyl Overseas Ltd from 2012 to 2015. He also held senior positions at ABN AMRO in investment research (Asia) and investment advisory. </p>
<p>Thierry de Loriol, Chief Executive Officer of BIL Suisse, said: “<i>We are pleased to welcome such an experienced talent to BIL Suisse. With his extensive knowledge of the Asian markets and his track record of successfully growing wealth management businesses, we are convinced Roger Groebli will help us strengthen our expertise on China, a strategic growth area for BIL .</i>”</p>
<p>Roger Groebli holds a certificate for Private Banking from INSEAD and a diploma of Swiss Banking from the Swiss Finance Institute. Roger Groebli was also a regular speaker at CNBC and Bloomberg TV between 2005 and 2014. He has over 30 years of experience in banking and wealth management, 15 years of which focused on Asian markets. </p> | 10/1/2019 5:00:00 AM | | |
