Singapore
NETS names ex-DBS Tech COO as CEO of Banking Computer Services
NETS names ex-DBS Tech COO as CEO of Banking Computer Services
Alex Woo will lead the Banking Computer Services Private Limited, a NETS’ subsidiary.
BNPL platform ChopNow announces four new partners
Products available in the platform can be paid in installments.
YouBiz and Tiktok launch ad spending cashback for businesses
TikTok advertisers can receive up to US$100 in ad credits.
Bank of Singapore taps Joey Tang as head of investment solutions in Hong Kong
The appointment is effective immediately.
Lady bankers need work-life balance, says UOB’s Choo Wan Sim
The flight stewardess turned bank digital head also highlighted the importance of mentors.
HSBC Singapore unveil entertainment platform for Premier Mastercard clients
It offers preferential and exclusive access to certain shows.
Debt consolidation top reason why SG platform workers get loans
Their borrowing behavior shows that they lean on financing to bridge essentia lexpenses.
StanChart’s Elayne Ho takes on new challenges each year to succeed
She cites the importance of surrounding herself with female role models.
DBS CEO Piyush Gupta earned $17.58m in 2024
About $9.35m of this is a deferred award, of which 17.1% will be in cash.
Razorpay rolls out payments platform to Singapore
It offers AI agents and a magic check-out service.
OCBC’s Iris Ng champions SMEs, green financing
The banker worked on making capital loans more accessible to SMEs through embedded finance.
DBS boosts sustainable financing to $89b in 2024
Customers invested over S$42m in sustainable funds.
Singapore banks face margin squeeze despite strong results: Moody’s
Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth.
Singapore banks recalibrate ASEAN strategies
The three banks stand to see growth opportunities in the Johor- Singapore SEZ.
DBS and SMF partner to drive sustainability in SG’s manufacturers
They aim to support 500 small and mid-sized manufacturers.
OCBC leads regional sustainable finance rankings in 2024
As of September 2024, the bank’s sustainable finance loan commitments reached $64.7b.
StanChart adopts ICC principles for sustainable trade finance
The principles include a standardised approach to assess how proceeds were used.
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1. DBS gains approval to act as RMB clearing bank in China 2. Hong Kong banks race to hire AI-ready talent as skill gap widens 3. Indonesia's Superbank raises $167.06m in IPO 4. Singapore big three banks to sustain strong dividends in 2026: report 5. CIB units confront new rivals as specialised firms gain scaleResource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
Commentary
Why APAC banks must rethink their approach to the cost reduction challenge
Thailand backs major conglomerates for digital banks but risks stifling innovation