Financial Services

DBS to open innovation facility

It will span a 16,000 sqft area.

SMEs facing financial woes soared 22%

Nearly half cites higher interest rates as the top concern.

Singapore fintechs set sail for overseas markets: MAS

One startup gained access to India's largest bank.

Singapore banks hunt for new loan growth source

3Q bank lending to other countries aside China rose 32%.

Singapore banks' profitability under pressure: Moody's

Bad loans jumped to new highs in September.

Singapore: The next big step towards RBC2

While the Risk-Based-Capital (RBC) framework has served Singapore insurers well over the last 12 years, the Monetary Authority of Singapore (MAS) is...

DBS Bank's innovation in assurance: doing more, and more effectively, with less

In 2014, Jimmy Ng, the head of Group Audit at DBS Bank, implemented the bank's continuous auditing project in Singapore. A year ago, Ng had received...

Loan growth bottoms out in September

It was visibly off the bottom of -2.7% in July.

Singapore disburses $280m GST vouchers

Each eligible Singaporean will receive up to $200 additional payment.

DBS faces $1.3b loan losses

Its SME exposure is around $40b.

Singapore banks remain healthy despite bad loans: Fitch

September's buffer provision for bad loans fell to 102.7%.

DBS bad loans could spike 1.5% by end-2016

An even higher NPL ratio is expected next year.

Singapore banks won't get rid of oil slick yet

Around 18% of OCBC's on-balance-sheet loans to the offshore firms have gone sour.