Singapore

Singapore loan market sees nearly 49% growth in 2024

Singapore loan market sees nearly 49% growth in 2024

Key driver was the borrowing activity by commodities firms, which accounted for US$18.4b or 23% of the total loan volume
2 days ago

Singapore FIs face stricter regulatory scrutiny in 2025

Singapore bucked the trend in 2024, with more fines issued.
3 days ago

XTransfer granted MPI license in Singapore

XTransfer will launch its payments solutions soon.

Singapore sees $2.1m lost in credit card fraud over three years

Card scheme operators have implemented the 3-D Secure protocol for added security.

Johor-Singapore economic zone seen attracting regional firms: OCBC

In 2024, OCBC supported about 260 new mid-sized enterprises to set up shop in Malaysia.

HSBC clinches Citi banker to head int’l wealth hub in Singapore

Chin brings 22 years of experience in wealth management and retail banking.

OCBC launches bespoke tokenised bonds for corporate investors

They can subscribe to tokens at S$1,000 denominations, for example.

Lawrence Goh is NETS’ newest UOB board representative

He is head of group technology and operations at UOB.

DBS Bank India names Rajat Verma as CEO

Verma will succeed Surojit Shome, who is retiring on 28 February.

Etiqa, Maybank launch Singapore's first Takaful in 10 years

The plan combines ethical investment options with flexible wealth accumulation.

NRIC numbers alone cannot initiate payments, fund transfers: ABS

ABS advised customers to change their login passwords if they are using their NRIC number.

Singapore bankers to see up to 30% pay rise in 2025

But overall hiring trend remains cautious with employers opting for replacement hiring.

Trust Bank gamifies new goal-based saving feature

It allows users to set personalised savings targets and manage up to five pot.

UOB taps Leong Yung Chee as new CFO

The appointment will take effect on 22 April 2025.

Singapore needs layered strategy against fraud

Scam and cybercrime cases in the city-state rose 18% to 28,751 in the first half.

7 in 10 Singaporeans financially struggle with partners: survey

Couples identified unexpected expenses as a leading cause of stress.