Financial Services
OCBC's asset quality remains under threat
Exposure to oil & gas sector estimated at 6%.
More bad loans looming for UOB
NPL ratio to rise to 2.0% by end-2017.
Bank loans dip 0.8% to $603.4b in September
Lending fell for the 12th consecutive month.
DBS Private Bank names Rob Ioannou head of international
He will report to DBS Private Bank's deputy head Lawrence Lua.
DBS Q3 net profit creeps up 1% to $1.07b
Thanks to 8% higher income.
Daily Briefing: HDB resale transactions fall 5.5% in Q3; Three ways to invest in regional markets from Singapore
And here's how you can improve your credit score.
Hey Siri, send my mum $500
OCBC Bank becomes the first in Asia Pacific to let customers send cash through Siri, just be careful who you lend your phone to.
UOB's Q3 net profit slips 7.8% to $791m
Bad loan charges from O&G firms were to blame.
OCBC's bad loans to hit 1.4% in 2016
Profits may grow 3% on O&M woes.
Few CFOs dream of becoming CEO
And only 12 % want a role outside of finance.
Daily Briefing: Singapore houses third most number of billionaires in Asia; Will Singapore stock prices drop in December?
And check out increasing investments in the fintech sector.
OCBC's nonperforming assets soar 34% to $2.59b
It was mostly driven by loans to oil and gas firms.
1 in 4 Singaporeans now use a digital wallet
And Apple Pay is the number 1 choice.
OCBC's Q3 net profit jumps 5% to $943m
The improvements came from wealth management, insurance, and Indonesia.
Great Eastern's net profit skyrockets 182% to $197.7m in Q3
On the back of stronger earnings in life insurance segment.
Daily Briefing: Property prices to slump amidst rising jobless rate; O&G impairment charges to curb Singapore banks' profits
And find out what Greyloft startup has to offer in the property market.
Read Here
Advertise
Sign Up
