Singapore

HSBC rolls out TradeCash in Singapore

HSBC rolls out TradeCash in Singapore

Customers can draw down a loan using sales invoice data.
13 hours ago

Singapore banks reel in $59b new HNW wealth in 2025

DBS and OCBC wealth management fees surged in Q1 2026.
19 hours ago

Trust Bank users rack up S$142m in FX fee savings

The bank’s customers have made 60 million overseas transactions to date.
5 days ago

OCBC rolls out free ESG assessment tool for SMEs

Large companies can request to onboard their SME suppliers.
6 days ago

New China rules no threat to Singapore banks' wealth businesses: Maybank

Singapore banks do not serve the investor segment most affected by the changes.

Singapore banks face currency split as ringgit offsets losses

DBS is most exposed to IDR and INR, whilst the ringgit cushions OCBC and UOB.

Singapore payments to hit $114b by 2030

Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.

OCBC enables remote business account opening in Malaysia via Singpass

The bank will authenticate business owners remotely without need to visit a branch.

DBS brings tokenised physical gold to retail investors via digibank

It is also exploring plans to list the token on DDEx.

DBS, HSBC, AIA and more convene at ABF IA Summit Singapore on 1 July

Leading voices from the banking and insurance industries will meet at Andaz Singapore to discuss trust, transformation, and AI.

HSBC and Mastercard pilot AI agents for automated e-commerce payments

It automates procurement and payments between corporate buyers and suppliers.

Credit Bureau and Experian Malaysia sign credit reporting MoU

The partnership will support consented cross-border credit report applications between Singapore and Malaysia.

Singapore banks lean on wealth and higher global yields for growth

The sector is likely to see return on equity expansion thanks to NII growth.

Citibank Singapore offers Citigold clients one-day Porsche test drives

They can also have a light breakfast, and a 60 to 90 minute accompanied test drive.

UOB's potential asset management sale could unlock value for wealth push

The bank is likely to reinvest any proceeds to enhance its advisory capabilities.

OCBC unveils local physical gold service for institutional clients

The bank will offer 12.4kg gold bars alongside 1kg kilobars. 

DBS Remit adds Weixin Pay as transactions surge eightfold

Average ticket sizes have grown to over S$800 since February.