Singapore

Asian banks to be hit by triple trouble in 2016

Slowing economy, correcting property markets, and highly indebted households.

Asian banks to be hit by triple trouble in 2016

Slowing economy, correcting property markets, and highly indebted households.

Singapore banks stuck in a ditch as oil sorrows mount

They will soon be bombarded with rising defaults.

CIMB dangles hefty 10% cash rebates on selected categories

It’s planning to acquire 270,000 customers in three years.

ICBC Singapore inks collaboration with China real estate firm

It’s the third Singapore-China government project.

DBS unveils capital loan program to jump start small businesses

It will bridge the credit gap faced by businesses.

Managing banking relations: What Singapore's consumer banks should know about PDPA

Copious amounts of personal data is collected by banks each day and frequently shared with third parties as technology continues to revolutionise the way we bank. Last year, the Association of Banks in Singapore released the Code of Banking Practices which outlines the responsibilities of banks under the Personal Data Protection Act (‘PDPA’) and its regulations.

NPL increase in most banking systems not too much of a concern: Fitch

NPLs compare favourably relative with other regions.

ASEAN banks' profitability feared to trend lower in 2016

High CASA deposits could serve as an important buffer.

Hard landing in China remains a key threat for Asian banks in 2016

Japan, Singapore, Hong Kong, Korea and Taiwan are most exposed.

UOB rolls out first Visa Token Service in Asia Pacific

Customers only need their smartphones to pay.