Singapore
Singapore and Malaysia launch cross-border QR code payment links age
Singapore and Malaysia launch cross-border QR code payment links age
Person-to-person fund transfers are targeted to finish by year-end.
Bank of Singapore appoints Ranjit Khanna as Middle East global market head and Dubai branch chief
The appointment is effective 3 April 2023 and subject to regulatory approval.
Disruption of DBS’ digital services is unacceptable – MAS
The last digital disruption happened 16 months ago or November 2021.
OCBC has disbursed S$3.5b under Eco-Care Loans
Two thirds of Eco-Care Home Loan customers live in HDBs.
UOB CEO Wee Ee Cheong earned S$14.23m in 2023
His base salary remained the same.
Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout
Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.
Write-off of CS AT1 securities no risk to SG banks: analyst
The strong corporate governance and risk management add bank confidence.
OCBC opens Wuhan branch
OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.
OCBC launches net zero loan for corporates
Companies get a reduced interest rate on their loans when they meet targets.
No interruptions in Credit Suisse operations in Singapore: MAS
MAS said UBS’ takeover of Credit Suisse will not impact SG’s banking system.
MAS in “close contact” with Swiss regulators over Credit Suisse
Credit Suisse recently announced that it is borrowing up to CHF50b.
Singapore bank profits to peak in 2023, but high rates will dampen lending
Margins will peak mid-year, but loan demand is falling.
Singapore's MAS: banking system sound amidst US bank failures
MAS said that its local banks have “insignificant exposures” to the failed banks.
UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry
Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.
UOB prices A$1.5b dual tranche 3-year senior unsecured bond
The notes are expected to be issued on 16 March 2023.
DBS CEO Piyush Gupta earned 13.3% more in 2022
Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.
Card payments trump cash in Singapore
Over 9 in 10 of respondents in Visa’s latest study said they use cards to pay.
Read Here
Advertise
Sign Up
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?