Singapore
Singapore bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
Singapore bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
Citi appoints director for APAC transition management and portfolio solutions team
James Clark will begin serving his new role on 24 July.
Singapore, Thailand launch real time cross-border payments system
Participating banks’ clients will be able to transfer up to S$1,000 or THB25,000 daily.
Chart of the Week: Singapore’s card payments market to grow 10.2% in 2021
Business reopenings and ongoing COVID vaccination program will support spending.
DBS, J.P. Morgan, Temasek launch open platform for interbank payments
The three banks are building up on projects from their participation in Project Ubin.
DBS, MUFG eyeing Citi's Asian consumer business
The potential bids show growing appetite for businesses like credit cards
Why you must know the robust growth of agent banking in Bangladesh
Agent Banking is getting more popular in the rural areas of Bangladesh. More number of agents and outlets are seen these days as their numbers have grown by 15.69% and 12.59% respectively in September 2020 compared to September 2019 even amid COVID-19, according to data from the country’s central bank, Bank Bangladesh (BB)
Citi to exit consumer banking in 10 Asian markets, doubles down on wealth
Consumer bank presence in Singapore, Hong Kong, UAE, and London unaffected.
Weekly Global News Wrap: US banks deploy AI monitoring despite concerns; Big Eurozone underreporting risky assets
And British digital bank Starling raises $69m from Goldman Sachs funding arm.
Citi APAC to add 1,100 relationship managers, private bankers for wealth arm
The bank expects AUM to expand by $150b under its Win-in-Wealth campaign.
DBS targets zero thermal exposure by 2039
DBS will cease onboarding new clients who derive more than 25% of their revenue from thermal coal.
Citi to exit consumer banking in 10 Asian markets, doubles down on wealth
Consumer bank presence in Singapore, Hong Kong, UAE, and London unaffected.
Citi launches digital credit card for new customers
Singapore is the first market ever where Citi has rolled out this service for new cardholders.
MUFG appoints new head of ESG finance for APAC
In the newly created role, Colin Chen is expected to build the bank’s finance strategy in the region.
Citi launches digital credit card for new customers
Singapore is the first market ever where Citi has rolled out this service for new cardholders.
ZA Tech opens Asia fintech centre in Singapore
It will focus on solving use-cases in insurance and financial services.
Citi adds ESG scores into data platform Citi Velocity Clarity
The bank has developed new tools to analyse sustainability measures.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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