Financial Services
Here are 2 reasons why NIMs could remain subdued for Singapore banking giants
It could remain flat this year even with the lift in their valuations due to Fed rate hike.
Here are 2 reasons why NIMs could remain subdued for Singapore banking giants
It could remain flat this year even with the lift in their valuations due to Fed rate hike.
Citibank, Visa to launch a cloud-based B2B platform
It is designed for medium and large corporations.
UOB unveils virtual corporate credit card
This is the first of its kind in Southeast Asia.
Daily Briefing: New private home sales to rise to 9,000 units; Resale condo prices flat in January
And here's what it means to declare bankruptcy in Singapore.
Citi selects Singapore as demo country for FinTech initiative
It is targeted for the public sector.
Singapore lending slumps after a 4-month winning streak
No thanks to the fall in general commerce loans.
Singapore big banks to see a silver lining in domestic housing loans
Their market share grew 7-10% YoY.
UOB launches sale of dual currency covered bonds
This is Asia's first dual currency covered bonds issue.
Investment in Singapore fintech drops 64.6% to $301.4m
There is also an overall fall in average deal value.
Chart of the Day: Check out which bank recorded the biggest NPL ratio increase in Q4
The said bank narrowed its gap between the other two. The non-performing loan ratio of DBS and OCBC continued to increase moderately in the past...
UOB loan growth expands 8.9%
It was driven by Singapore and Indonesia.
Finance firms to wage war for talent this year
2 in 5 CFOs said they expect to face skills shortage.
DBS eyes hiring 100 developers to boost its digitalisation
It unveiled Hack2Hire to identify successful candidates.
Chart of the Day: Check out the total lending to O&G sector
It is now around 5% of loans.
Here's what compressed UOB's NPL ratio in Q4
But higher NPL ratio is expected by end-2017.
How much worse can DBS's O&G woes get?
The bank's NPL ratio rose 1.4% in Q4.
OCBC takes a hit from higher bad loans in Q4
Non-performing loans spiked 12% to $306m.