Singapore
BEYOND partners with OneConnect to create digital banking services in Singapore
OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.
BEYOND partners with OneConnect to create digital banking services in Singapore
OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.
DBS closes first trade finance deal on TFP worth $4.8m
SMEs can access trade finance solutions from different banks in a single platform.
Singapore banks face slower loan growth in H1 2020
The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
DBS launches portfolio advisory tool for managing investments
It generates an assessment of a client’s portfolio in less than five minutes.
CIMB Singapore announces new measures for coronavirus-hit firms
Tourism-related firms are eligible for a $1m loan with a 5% interest rate.
Weekly Global News Wrap: CEO changes bring in new age of European banking; Wells Fargo pays $3b settlement for fraudulent sales
And JPMorgan confident that it could withstand economic stresses.
Singapore central bank warns of fake calls impersonating staff
It stressed that it would never ask the public for personal or bank information.
DBS converts $758m bank guarantee facility into green facility
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.
Singapore's fintech investments hit $1.21b in 2019
It is now the fifth biggest fintech market in APAC.
DBS Group prices $1.4b issue at 3.3%
The deal is said to bear the lowest coupon for any AT1 USD deal in the world.
CIMB Singapore launches virtual account for businesses
It digitises companies’ cash flow.
UOB's net profits up 8% to $3.08b in FY2019
A final dividend of $0.39 (S$0.55) and a special dividend of $0.14 (S$0.2) was as recommended.
UOB to launch digital bank in Indonesia
TMRW is on track to be marginal profit positive in five years.
DBS to give abridged Q1, Q3 financial disclosures
These updates will supplement the half-year and full-year reports.
OCBC's net profits up 34% to S$1.24b in Q4 2019
Core net profit leapt 10% to S$4.9b in FY 2019.
Bank managements should take advantage of increased certainty and use dividends as a tool to manage returns
Bank management teams have faced many challenges in the decade post the global financial crisis. After stabilising balance sheets in its immediate aftermath, there was a need to build capital as the Bank of International Settlements’ (BIS) regime was tightened. More recently banks have had to conceptualise the threats and opportunities posed by fintechs, and more latterly by ‘big tech’ companies and invest to meet the challenge. In addition, within South East Asia, banks have had to deal with the GDP slowdown post 2013, and the impact this has had on loan growth and credit quality.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with