Singapore
Household loans extended by South Korean banks shrank for third straight month: report
High borrowing costs lowered demand.
Household loans extended by South Korean banks shrank for third straight month: report
High borrowing costs lowered demand.
MAS gives IPA to Volopay for MPI license
Volopay’s payment services will be regulated under the Payment Services Act.
MAS did not direct banks to 'avoid discussing origins of wealth inflows': PBIG
PBIG said that the sources of wealth inflows into Singapore “remain diversified.”
Singapore ready to provide liquidity to keep financial system stable: MAS
Minister Shanmugaratnam assured that the central bank conducts annual stress tests.
Digital wallets on track to be Singapore’s top online payment method by 2026
BNPL is set to surpass US$1b in transaction value by 2026.
Central bank begins financial sector cloud resilience forum
The forum will discuss perspectives on appropriate public cloud risk management practices.
OCBC Bank opens 'Metaverse branch' in Decentraland
It is named after its headquarters in Chulia Street, Singapore.
MAS hosts forum on cloud resilience
The 20 participants discussed how to raise the adoption of public cloud services.
HSBC Singapore announces new board of directors
Their appointments is effective starting 4 April.
Singapore and Malaysia launch cross-border QR code payment links age
Person-to-person fund transfers are targeted to finish by year-end.
Bank of Singapore appoints Ranjit Khanna as Middle East global market head and Dubai branch chief
The appointment is effective 3 April 2023 and subject to regulatory approval.
Disruption of DBS’ digital services is unacceptable – MAS
The last digital disruption happened 16 months ago or November 2021.
OCBC has disbursed S$3.5b under Eco-Care Loans
Two thirds of Eco-Care Home Loan customers live in HDBs.
UOB CEO Wee Ee Cheong earned S$14.23m in 2023
His base salary remained the same.
Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout
Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.
Write-off of CS AT1 securities no risk to SG banks: analyst
The strong corporate governance and risk management add bank confidence.
OCBC opens Wuhan branch
OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.
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CIMB Niaga leads the way in captivating Indonesia’s youth
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The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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