Singapore

Singaporean SMEs want their own bank

Bank will focus financing small- and medium-enterprises. SMEs have renewed their call for a bank that will focus on providing financing to their sector. They also want a one-stop agency that will help them with all issues ranging from applying for government schemes to doing business overseas.

StanChart completes bank payment obligation transaction under URBPO

Transaction was fully automated through Straight2Bank.

Asian banks warned against rising household debt

Guess which countries will be badly hit?

Singapore, China will allow direct trading between currencies

Will strengthen Singapore's status as leading offshore RMB hub.

SGX and BOC to jointly develop China’s capital markets

Explore joint development of renminbi products and services.

Nomura Singapore takes stake in Karnataka Bank

Pays US$2.1 billion for 1.17 million shares.