Singapore
Singapore banks' profits to increase moderately over the next 12-18 months
Four factors will contribute to the modest growth.
Singapore banks' profits to increase moderately over the next 12-18 months
Four factors will contribute to the modest growth.
Citi appoints Munir Nanji as global subsidiaries group head for Asia Pacific
He will be based in Singapore.
Singapore banks' problem loan ratios to inch up to 1.8% by end-2018
Domestic problem loans will come from the corporate sector.
Bank of Singapore to hire more relationship managers
It added 20 relationship managers in Hong Kong this year.
OCBC launches standalone mobile payments app
QR code cashless payments are now available at close to 2,500 NETS terminals.
Weekly Global News Wrap Up: Bank customers reject robo-advisors; British town starts its own lender
Deutsche Bank is fined $41m and Wells Fargo makes personnel changes.
Chart of the Day: Singapore banks' loan growth is recovering
Loan growth is expected to hit 6-7% for 2017-2018.
Domestic banks in peril as firms turn to non-bank lenders for supply chain funding
Chinese corporates have signalled the strongest shift towards international banks.
Asian banks to ride on the 6% economic growth in the next five years
Growth of Asian economies will surpass the global growth average of 3.7%.
DBS, Nishi-Nippon City Bank collaborate to support Japanese SMEs
They will offer discounting of exports bills.
Credit Suisse, UOB fined for 1MDB-related lapses
Singapore's central bank imposed fines of more than $1.1m in total.
Cash management in Asia undergoes a digital facelift
Digital innovations are improving Asian banks’ transactional efficiency and client experience, but costs are far from cheap.
Banks may not be lending enough if bad debts don't rise during tough times
Singapore's central bank chief says they're probably not taking on sufficient risks.
24 APAC banks commit to implement SWIFT gpi
Over 110 banks in total have now joined gpi.
UOB beats DBS, OCBC in net interest income growth for three consecutive quarters
Net interest income grew 2.1% in Q1.
Weekly Global News Wrap Up: Why banks aren't worried about souring credit card loans; Barclays to hire 100 staff
And EU lists criteria for hosting bank regulators after Brexit.
Chart of the Week: Check out Singapore banks' NIMs, SIBOR and SOR
Banks reported wider margins.
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