Singapore
UOB posts record net profit of S$1.6b in Q1
UOB posts record net profit of S$1.6b in Q1
Core operating profit was also 60% higher at S$2.1b.
GXS Bank Introduces FlexiLoan
Interest rates start from 3.8% per annum.
Alipay+ accessible in 11,000 SG Hawker Centre stalls
Users of the platform and partner e-wallets can pay through the SGQR.
Syfe allies with US-based investment management firm for unique offering
Monthly payouts range between 4.0% to 6% per annum.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.
Citi names Vikram Singh as CEO of Malaysia franchise
He reports directly to South Asia and ASEAN head Amol Gupte.
Singapore and China launches taskforce for green finance
The collaboration will be co-chaired by Gillian Tan and Dr. Ma Jun.
MAS unveils Finance for Net Zero Action Plan
The new net zero plan has expanded to include transition finance.
SG fintech Adyen appoints Priyanka Gargav as country manager
She will continue her role as head of commercials for SEA and Hong Kong.
CIMB Bank and OxPay join forces for digital payment solutions
The partnership will serve as a starting point for additional talks that may involve signing separate agreements.
MAS chief Ravi Menon set to step down in 2023: report
Chia Der Jiun is tipped to be the next managing director of Singapore’s central bank.
OCBC and SG police force prevent scam losses worth S$12.6m
About 700 victims were safeguarded from potential loss.
UOB sets new tech and innovation hub in Punggol Digital District
This is the first Singapore local bank to establish a presence in the district.
UOB and Lazada partner for better commerce payments in SEA
This is their first cross-industry collaboration.
Household loans extended by South Korean banks shrank for third straight month: report
High borrowing costs lowered demand.
MAS gives IPA to Volopay for MPI license
Volopay’s payment services will be regulated under the Payment Services Act.
MAS did not direct banks to 'avoid discussing origins of wealth inflows': PBIG
PBIG said that the sources of wealth inflows into Singapore “remain diversified.”
Thought Leadership Centre
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The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’