Financial Services
Great Eastern to supplement customers' insurance amidst COVID-19
Those that are hospitalised will receive a cash benefit of $200 per day up to 60 days.
Great Eastern to supplement customers' insurance amidst COVID-19
Those that are hospitalised will receive a cash benefit of $200 per day up to 60 days.
Banks to record anaemic loan growth of 1.5% in 2020
The COVID-19 and the expected monetary easing will weigh on banks.
OCBC offers support measures to customers
It will provide a moratorium on principal repayment for loans.
Bank of Singapore hires Celine Le Cotonnec as chief data officer
She will spearhead the bank’s data strategy and innovation efforts.
China Life Singapore to allot up to $88,600 for nCov support
A policyholder will receive a lump sum payment of $800 (US$577) if diagnosed.
Standard Chartered co-launches digital payments firm
The new firm will manage transactions across multiple payments types.
DBS Group's profits up 14% to $6.39b in 2019
A 17% growth in fee income boosted total income in Q4.
Insurance firms tap into big data for new products
Total assets of the 50 largest insurers went down 6.47% to $217b in 2019.
UOB allots $3b relief assistance for SMEs affected by COVID-19
It hopes to help SME clients address near-term liquidity needs.
PDPC warns AXA Insurance, NTUC over data breaches
Policyholders' personal data were sent over emails to unintended recipients.
CIMB Singapore extends nCov financial support
The bank will bump up its e-Supply Chain Financing program.
Singapore Budget 2020 measures needed to boost adoption of blockchain technology
Blockchain has been one of the most talked about technologies in recent years. Though blockchain has not reached its full potential, respondents to...
IPs, IP riders to cover nCov medical expenses
Many non-IP individual and group health insurance policies will also cover medical costs.
HSBC Life extends nCov benefits programme to customers
Customers may receive $1,000 in the event that they contract nCov in Singapore.
DBS expects $1.4b net profit for Q4 2019: analyst
Quarterly earnings report will be out by 13 February.
More than 300 Chinese firms seeking billions of loans to combat nCov
Xiaomi is seeking $716m (CNY5b) to develop and sell medical equipment.
UOB shuts China outlets over nCov
A small number of staff will remain in Shanghai and Beijing for customer service.
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