Singapore
APAC banks to face rising bad loans, shrinking margins in 2020: Moody's
Rising credit provisions amidst falling interest rates will add pressure to banks’ profits.
APAC banks to face rising bad loans, shrinking margins in 2020: Moody's
Rising credit provisions amidst falling interest rates will add pressure to banks’ profits.
Who's winning in ASEAN's cashless race?
According to Standard Chartered, cash and cheques still reign supreme although evolving customer expectations are prompting incumbents to rethink of more efficient ways to handle transactions.
Singapore crowned as APAC's fintech leader
In APAC, only Singapore and Indian cities made it into the global top ten.
Grab launches Asia's first numberless card
It offers better card security an expanded rewards system.
Tougher times ahead for APAC banks as their risk appetite grows
Conditions make it hard for banks to boost earnings without taking more risk.
EPAA signs MOU to promote financial marketplace platform
It enables financial institutions and fintechs to interact and collaborate at a lower cost.
Chart of the Week: Singapore domestic loans up 2.6% in October
This is its fastest expansion since February 2019.
Liquid, Asia United Bank launch cross-border QR payments service
This will enable cross-border transactions between Singapore and the Philippines.
Tribe raises $21.5m to boost market-ready blockchain tech
The firm is focused on expanding its technology and applications by 2020.
Singapore, Japan central banks extend bilateral currency swap program
Under the agreement, Singapore provides yen liquidity to eligible financial firms to support cross-border operations.
Profit headwinds push banks to increase risk appetite
Asset quality metrics in APAC banks do not reflect the risks, Fitch noted.
Asset headwinds spell trouble for Singapore banks
OCBC and UOB have both flagged downgrades in some of their corporate accounts.
Fintech firm Thunes clinches Singapore payments licence
With the new licence, it can now facilitate transactions in its digital membership network.
Deteriorating credit conditions to drag on Bangladeshi banks
Systemwide non-performing loan ratio surged 10 11.7% last 30 June.
OCBC and Standard Chartered completes Singapore's first OIS trade using SORA
The trade is a one-year interest rate swap fixed against SORA.
Fintech startup GoBear's two co-founders to step down
This follows the resignation of former CEO Andre Hesselink in 2018.
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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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