Financial Services
Friends Provident International appoints Ian Black as regional sales manager
Mr. Black will take over from David Scammell in Singapore.
Friends Provident International appoints Ian Black as regional sales manager
Mr. Black will take over from David Scammell in Singapore.
Singapore banks face double threat
Analyst warns there will be continued pressure on net interest margin, and loan growth is seen coming to a standstill.
Singapore to retain monetary policy, says MAS
The Monetary Authority of Singapore noted that interest rates are market-determined and that the current monetary policy stance remained appropriate...
RHB wins three-year currency exchange tender at Changi Airport
This means that RHB will increase the number of its currency exchange counters from 2 to 15, located across all the terminals at the Changi Airport.
Commercial payment solutions in AsiaPac grow 22.9%
Steady business travel within the region largely contributed to the rise in gross dollar volume for the first half of 2011.
SimCorp appoints Nigel Ford as sales team leader in Asia
He will manage growth opportunities in the wealth and investment management centres of Hong Kong and Singapore.
Bond funds under Central Provident Fund Investment resilient in H1 2011
Despite global economic turmoil, CPFIS-included funds only recorded a 1.89% loss on average for the 6-month period ended June 2011.
What you need to know about Bank of Singapore's new hires
The new members will be responsible for expanding Bank of Singapore’s business in South East Asia, with a focus on the Indonesian market.
What you need to know about Royal & Sun Alliance Insurance’s new hires
RSA has new senior management appointments in its Specialty unit across Asia & Middle East.
OCBC’s lending grows 9% in 2Q11
DBS expects loan growth to moderate in 2H11, with 2011 loan growth guided at 20-21%.
No go loan zone: Loan growth to slow in second half 2011
Singapore banks recorded 2Q11 sequential loan expansion of between 7% and 10% won’t last for long.
MasterCard appoints Debra Janssen as managing director
She will manage MasterCard’s Access Prepaid Worldwide subsidiary, effective immediately.
UOB’s net profit up 3.8% to S$636m in 2Q11
Loans expanded 7%QoQ and was largely driven by financial institutions.
Global companies struggling to comply with tax rules
And 64% of the world’s largest companies experienced unplanned tax audits within the past year.
DBS appoints Tam Thye Hung as Head of Global Transaction Services in Indonesia
Tam is taking the place of Stephen Lee Kiang Wah, who is now Senior Vice President, Trade Product Management Team, GTS, in Singapore.
Show me the money: Financial services sector expands 10%
The sector gained from increased domestic and offshore lending activities in the second quarter.
Beating banks: Indonesia’s non-bank institutions to buy most government bonds
Non-bank financial institutions could absorb 30-35% of the projected supply between now and 2016.
Read Here
Advertise
Sign Up
