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.
OCBC sets up dedicated teams in Singapore, Malaysia to support SMEs
The two teams will comprise 25 experienced bankers.
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.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks