Singapore
Domestic banks in peril as firms turn to non-bank lenders for supply chain funding
Domestic banks in peril as firms turn to non-bank lenders for supply chain funding
Chinese corporates have signalled the strongest shift towards international banks.
Asian banks to ride on the 6% economic growth in the next five years
Growth of Asian economies will surpass the global growth average of 3.7%.
DBS, Nishi-Nippon City Bank collaborate to support Japanese SMEs
They will offer discounting of exports bills.
Credit Suisse, UOB fined for 1MDB-related lapses
Singapore's central bank imposed fines of more than $1.1m in total.
Cash management in Asia undergoes a digital facelift
Digital innovations are improving Asian banks’ transactional efficiency and client experience, but costs are far from cheap.
Banks may not be lending enough if bad debts don't rise during tough times
Singapore's central bank chief says they're probably not taking on sufficient risks.
24 APAC banks commit to implement SWIFT gpi
Over 110 banks in total have now joined gpi.
UOB beats DBS, OCBC in net interest income growth for three consecutive quarters
Net interest income grew 2.1% in Q1.
Weekly Global News Wrap Up: Why banks aren't worried about souring credit card loans; Barclays to hire 100 staff
And EU lists criteria for hosting bank regulators after Brexit.
Chart of the Week: Check out Singapore banks' NIMs, SIBOR and SOR
Banks reported wider margins.
Singapore banks urged to make physical branches as convenient as their digital offerings
Ensuring customer loyalty and improving cybersecurity are also top priorities.
Here's why Singapore banks can accommodate further credit growth this year
The banks report healthy liquidity levels.
Singapore banks' non-interest income growing 7-8% annually since 2014
Non-interest income now constitutes about 40% of revenue.
Meet Emma: What you need to know about OCBC's chatbot
OCBC's Emma may have proven that chatbots are indeed the future of banking.
Weekly Global News Wrap Up: London's banking hub status under threat; Banks intensify cyber security after ransomware attack
And check out why Islamic banks' double digit growth rates are now over.
123RF bets on casual creatives with cloud tech M&A
Known for its affordable stock photos and digital design assets, Inmagine Inc’s 123RF is betting big on the casual creative market with its acquisition of Autodesk’s popular Pixlr family of digital editing apps.
Global value of contactless payments to hit $1.3t in 2019
And contactless card transactions will exceed $2t by 2021.
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1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. UOB acknowledges penalty for anti-money laundering breaches 3. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 4. Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case 5. Revolut partners with Ant Int’l to enable transfers to China via AlipayResource Center
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The financial institution emerged as the recipient of the Green Deal of the Year - China and Green Deal of the Year - Singapore awards.
