Singapore

GXS Bank rolls out money lock feature

Customers can lock away the funds in their savings pockets.
3 days ago

OCBC targets 100 senior leaders to be ICF ACC accredited by 2027

The aspiring coaches will have to complete 60 hours of coaching education, amongst others.
3 days ago

CIMB Singapore unveils FlexiPay loan with flexible SME repayment terms

Repayments are automatically deducted as a percentage of daily deposits.
6 days ago

Bank of Singapore offers UHNWIs SFO-style investment vehicle

They can qualify for tax exemptions of single-family offices without setting up one.

UOB reaps 7 awards at Asian Banking & Finance Retail Banking Awards 2025

It was recognised for its initiatives that support holistic well-being, transform branch experience, advance digital transformation, and elevate customer experience.

ANZ names Ender Tanar as ANZ Japan country head

He has been ANZ country head in Germany for seven years.

Singapore, Brunei establish reciprocal cross-border collateral arrangement

This will allow them to accept a wider range of collateral in their facilities.

Digital banking platform market set to grow to $168.3b by 2032

Growth in internet users and the shift to online banking will drive its expansion.

Singapore banks see H1 profit ease on margin, tax pressures

The big three’s profitability moderated from peal levels, noted Moody’s Ratings.

UOB strengthened deposit franchise, saw more bad loans in Q2

Its NPL formation was elevated in Q2, according to UOB Kay Hian.

DBS’ net profit flat in H1 despite higher tax expenses

Markets trading income rose to its strongest performance in four years.

UOB’s net profit down 3% to S$2.83b in H1 2025

Interim dividend is 85 cents per ordinary share.

TransferMate clinches MAS approval to add payment services

This expands its existing suite of products in Singapore to include storing funds.

DBS and UOB earnings to show impact of SORA, credit costs

DBS should have good earnings, whilst the effect of SORA is a point of interest.

Automation stalls hiring at Singapore’s top banks

Lenders are also upskilling to keep up with tech.

Chocolate Finance raises $19.4m in Series A+ funding

It has also received a license to start its operations in Hong Kong.