Financial Services

Why Singapore banks will still be laden with O&G woes

Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.

Why Singapore banks will still be laden with O&G woes

Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.

Payments Council to create common QR code for Singapore

Banks and payment providers will collaborate to create the QR code.

DBS launches digibank in Indonesia

It follows digibank’s success in India last year.

Innoven Capital's Chin Chao reveals why venture debt is the next big thing for Southeast Asian start-ups

Southeast Asia is fast becoming a hotbed for start-ups, and here’s how venture loans can fuel their growth.

Singapore banks' wealth management fees to post double-digit growth

It formed up to 44% of banks' commission income in 1H17.

OCBC improves cashless payments with new mobile keyboard

Customers can now make e-payments without exiting their current mobile app.

Singapore banks' non-interest income to increase by up to 15%

Thanks to wealth management fees and net trading income.

3 in 4 Singaporeans believe they'll go cashless by 2030

More than half think going cashless will be more convenient.

Banks to sustain loan growth until 2019

Growth for the said year is around 5-6%.

Chinese-backed APX eyes getting MAS' nod

It will start a third derivatives exchange in Singapore.

Alipay eyes entering Singapore

It will first target Chinese citizens in the Lion City.

Singapore's largest commercial banks in 2017

From HR mobile apps to online payroll, banks are in a digital arms race.

OCBC inks staff training deal with Bank of Ningbo

The bank will provide US$5m as training grant for the China-based bankers.