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.

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

MAS grants DBS brokerage arm crypto licence 

The monetary authority also granted one to an Australian firm.

Singapore, Malaysia to link real-time payment systems PayNow, DuitNow

Remittances between the two countries reached S$1.3b in 2020.

OCBC Bank announces first sustainability-linked deposit in Singapore

The deposit has a required minimum investment amount of $5,000.

SG's investment banking fees rise 30.2%

Investment banking activities generated $725.5m in fees.

FavePay teams up with Google Pay to offer cashback to Singapore users

Google Pay users can get up to a 20% cashback when they pay through SGQR.

Manulife, DBS launch flexible retirement product in Singapore

RetireSavvy allows Singaporeans to adjust their retirement plans.

Citibank named top bank in Singapore customer experience study

Its net promoter score rose 35% in 2021 from end-2020.

Singapore-based fintech Thune appoints Irina Chuchkina as new CMO

Chuchkina has 15 years of experience in the fintech industry.

UOB unveils green financing solution to push EV adoption in Singapore

It creates a one-stop ecosystem that connects its users to EV car dealers.

UOB prices Singapore’s first SONIA sterling covered bond

The final order book saw that most demands come from the UK and EMEA.

Accelerate the digital banking evolution and move ahead of the curve

The roadmap to success for many organizations has been defined by digital transformation. However, since the Covid-19 crisis started, organizations across many industries had to accelerate and redefine their plans to keep pace with the dramatic changes in the business landscape.

Singapore, India to link PayNow, UPI payment systems by mid-2022

Fund transfers from India to Singapore will only need mobile phone numbers.