Singapore

The Financial Stability Review (FSR)(1) report provides financial institutions a good understanding of the global macro economy and its effect on Singapore-based banks.  In particular, the MAS highlights “the banking sector needs to guard against credit quality deterioration and liquidity risks”.

Asian Banking and Finance fraternity has come a long way in Banking Journey but many more milestones are yet to be achieved. One such milestone which is now in the process of being adopted across the Asian banks is that of IBAN (International Bank Account Numbers).

This is within the next 2 years.

Subscription should be completed by 3Q 2014.

The markets of the Asia Pacific region have been amongst the leaders in the adoption of the mobile phone. Andpropelled by the advent of the smartphone and ‘app’, the mobile handset has assumed a major role in the lifestyle of all segments of society.

In the financial services industry, market opportunities grow faster than IT budgets. Beyond financial institutions, other industries are also faced with the same challenges brought about by technology trends such as big data and social media.

They're becoming more of a ''friend''.

It will go live in 2014.

Better customer experience envisioned using Big Data.

Targets to reward household spenders.

Bank positioning for Greater China expansion.

Share price tumbled on bid reports.

Open a corporate account in less than 15 minutes.

Wing Hang valued at SGD6.7b, says analyst.

Santa is on his sleigh and the elves won't be back until Jan 6.

Banks across Asia are gearing up to fight for regional dominance of one of the most important and quickly growing products - Business Foreign Exchange. Spot FX, Forward FX and FX Options are the most ‘banked away’ products by customers seeking value for money and personalised customer service.