Singapore
Singapore’s SMBs adapt as more consumers seek contactless payments
Nearly four in five Singaporeans expect to use contactless payments, the highest in the world.
DBS rolls out one-stop sustainability-focused platform
The bank will also launch an autonomous carbon calculator service under LiveBetter.
Citi names global head of D10X under institutional clients group
The D10X focuses on the development of new solutions for Citi's institutional clients.
HSBC Singapore extends S$6m green loan to Durapower Group
Durapower will use the loan for its lithium-ion energy storage solutions.
OCBC extends S$148m green loan to Tong Eng Group unit
It is the bank’s first green loan to use the BCA’s BEEA tool.
DBS names Soh Kian Tiong as chief risk officer
He has over 25 years of experience in business and risk roles.
Deutsche Bank hires former HSBC head
Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.
Maybank Singapore unveils mixed Shariah-compliant investment fund
The fund aims to achieve a potential monthly dividend payout of 5% per annum.
UOB unveils financing platform for businesses, homeowners’ green energy needs
The U-Energy platform has nine partners that can support energy efficiency projects.
OCBC launches one-stop travel site ahead of Singapore’s re-opening
Also included with the launch is a credit card focusing on travel.
Standard Chartered targets Singaporean millennials in new ‘smart card’
Cardholders can earn up to 6% cashback first when used in digital subscriptions.
APAC banks on track for LIBOR phase-out: S&P
Singapore banks are leading the way in adopting alternative reference rates.
Singapore's virtual bank account ownership to soar 30% by 2026
The figure is equivalent to 1,510,495 adults in Singapore.
Maybank Singapore unveils new home mortgage, renovation green loans
The bank expects to process over 500 sign-ups yearly.
Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS
Direct exposures to China’s property sector are less than 1% of non-bank loans.
MAS, Singapore banks build digital platform against money laundering
This will allow sharing of customer and transaction data on money laundering cases.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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