Singapore
Chocolate Finance to continue 3-6 day withdrawal time frame
Chocolate Finance to continue 3-6 day withdrawal time frame
It has not disclosed when it plans to return the instant liquidity feature.
GXS Savings Account’s maximum balance raised to S$95K
Interest rate is 2.38% for the Savings Pocket product.
OCBC CEO Helen Wong’s remuneration up 5.7% to S$12.8m in 2024
Her base salary is lower but her bonus is higher.
Trust Bank introduces money lock feature with digital unlocking capabilities
They need their app and card to unlock their money.
SG millennials, Gen Z want rewards customisation in credit cards
Over 1 in 2 said that being able to customize rewards will reduce the need to switch.
Why high capital levels are a double-edged sword for Singapore banks
The banking sector in Singapore has shown signs of expansion, with loan growth rising to approximately 5% in 2024.
BC Payments clinches in-principle approval for MPI license in Singapore
The company plans to double its Singapore headcount over the next year.
DBS is 5th most valuable bank brand in APAC: study
Its brand value rose 56% to $17.2b.
Singapore banks slated to cut capital buffers as they seek growth
Banks have set plans to do so, says S&P.
Citi Private Bank unveiled new philanthropy advisory solutions in Asia
Services include donor-advised funds or funding donations through charity partners.
Standard Chartered unveils savings account for clients 55+ and above
It offers a 3% interest rate, and up to $50,000 protection from digital theft.
Citibank’s Chia Seok Hoon is an advocate for her co-workers
It is important to focus on solutions rather than problems when dealing with adversity.
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.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. UOB reports flat net profit growth in Q1 despite record fee income 3. J.P. Morgan unveils automated cross-currency payment collection and settling service 4. Sea rebrands digital finance business SeaMoney to Monee 5. Barclays integrates Ant Int’l model to FX hedging platformResource Center
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Productive sectors need more capital to stimulate the slowing economy.
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