Singapore

DBS names Soh Kian Tiong as chief risk officer

He has over 25 years of experience in business and risk roles.

DBS names Soh Kian Tiong as chief risk officer

He has over 25 years of experience in business and risk roles.

Deutsche Bank hires former HSBC head

Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.

Maybank Singapore unveils mixed Shariah-compliant investment fund

The fund aims to achieve a potential monthly dividend payout of 5% per annum.

UOB unveils financing platform for businesses, homeowners’ green energy needs

The U-Energy platform has nine partners that can support energy efficiency projects.

OCBC launches one-stop travel site ahead of Singapore’s re-opening

Also included with the launch is a credit card focusing on travel.

Standard Chartered targets Singaporean millennials in new ‘smart card’

Cardholders can earn up to 6% cashback first when used in digital subscriptions.

APAC banks on track for LIBOR phase-out: S&P

Singapore banks are leading the way in adopting alternative reference rates.

Singapore's virtual bank account ownership to soar 30% by 2026

The figure is equivalent to 1,510,495 adults in Singapore.

Maybank Singapore unveils new home mortgage, renovation green loans

The bank expects to process over 500 sign-ups yearly.

Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS

Direct exposures to China’s property sector are less than 1% of non-bank loans. 

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

MAS grants DBS brokerage arm crypto licence 

The monetary authority also granted one to an Australian firm.

Singapore, Malaysia to link real-time payment systems PayNow, DuitNow

Remittances between the two countries reached S$1.3b in 2020.

OCBC Bank announces first sustainability-linked deposit in Singapore

The deposit has a required minimum investment amount of $5,000.

SG's investment banking fees rise 30.2%

Investment banking activities generated $725.5m in fees.

FavePay teams up with Google Pay to offer cashback to Singapore users

Google Pay users can get up to a 20% cashback when they pay through SGQR.