Financial Services

IFC and MAS create a new fintech innovation network in ASEAN

The network will help firms address issues of connectivity and local compliance.

IFC and MAS create a new fintech innovation network in ASEAN

The network will help firms address issues of connectivity and local compliance.

DBS' fee income up 16% to $665m

Thanks to the exceptional performance by the wealth management segment.

Only 57% of consumers feel rewarded with their loyalty programmes

And here are three ways on how financial firms can improve their loyalty services.

Singapore banks pop the champagne on growing wealth management business

UOB’s wealth management segment more than doubled since 2010.

Has OCBC's asset quality already stabilised?

Non-performing loans ratio remained stable at 1.3%.

Meet Emma: What you need to know about OCBC's chatbot

The AI has facilitated approval of around $28m worth of loans.

Almost 9 in 10 Singaporeans prefer cashless payments

It represents the highest preference for e-payments in SEA.

OCBC to buy NAB's wealth business in Singapore and Hong Kong

NAB has about 11,000 customers across the two cities.

OCBC's NIM game falls short amidst loan growth

No thanks to a larger amount of unrecognised net interest income.

Singapore banks are reaping what they sowed in wealth management

Higher income from the wealth segment offset weaker loan margins.

OCBC's net profit up 14% to $973m

Thanks to the sustained growth in wealth management income.

Life insurance premiums up 19% to $811m in Q1

Thanks to the strong health insurance uptake.