Singapore
Vietnam headed for swift credit growth in next 12-18 months
Loans may expand between 15% and even up to 30%, said S&P’s Amit Pandey.
Vietnam headed for swift credit growth in next 12-18 months
Loans may expand between 15% and even up to 30%, said S&P’s Amit Pandey.
OCBC names Noel DCruz as Group Chief Risk Officer
He has worked for the bank for 33 years.
MAS, UNDFC to develop integrated financial ecosystems for MSMEs
The project will focus on enterprises from least developed countries.
MAS grants Atome in-principle approval to be a Major Payment Institution
Atome can now perform regulated payment services in Singapore.
RBC Wealth Management names Kamran Azim as COO for Asia wealth business
He will be based in Singapore.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
American Express appoints Marlin Brown as Singapore Country Manager
He was recently the country manager for Thailand.
American Express has named Marlin Brown as its new Singapore Country Manager.
ANEXT Bank unveils programme to improve embedded finance for SMEs
The programme is open to all e-commerce marketplaces, fintechs, amongst others.
DBS, partners grant S$250,000 for climate-focused hybrid accelerator programme
The second run of Sustaintech Xcelerator will focus on nature-based approaches, amongst others.
MAS to cooperate with Ghana to open trade and financial corridor
It will work with the Bank of Ghana and the Development Bank of Ghana for the project.
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
OCBC net profit up 31% YoY to S$1.6b in Q3 2022
The company’s net interest income grew by 44% YoY.
Maybank names new Maybank IBG CEO
Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
4 factors intensifying the talent gap in the FinTech sector
A report revealed that demand for talent in the FinTech sector is still outpacing supply.
DBS Group’s net profit jumps 32% YoY to $2.24b in Q3
Its total income grew 28% to $4.54b.
CIMB Singapore increases fixed deposit rate up to 3.90%
This is the highest as of 31 October.
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