Singapore
What's up with central banks' craze around digital currencies?
Whilst it may improve payment systems, card firms and payment platforms won’t be happy with the potential new competition.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Singapore banks headed for stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5% in 2021, according to Moody’s.
Singapore banks to see stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5%, according to Moody’s.
Manulife US REIT secures US$250m sustainability-linked loan from DBS, OCBC
This is the REITs’ first sustainability-linked loan.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Card payments are expected to reach $96.5b in three years’ time.
Chart of the Week: Singapore card payments to rebound 10.2% in 2021
Card payments are expected to reach $96.5b in three years’ time.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Hong Leong floats green vehicle financing for Singapore vehicle rental firms
The Vehicle-Green Loan offers a rate as low as 1.5% per annum.
Singapore investment banking fees up 79% to $176.5m in Q1
M&As are off to a slow start whilst there was only one IPO by a local company so far.
Weekly Global News Wrap: Morgan Stanley offers bitcoin to wealth management clients; SLB market could hit $150b this year
And Barclays expands private banking unit to France and Italy.
OCBC to roll out face verification in eight Singapore ATMs
The bank will extend the technology to all of its ATMs in Singapore progressively.
DBS CEO Piyush Gupta's pay down 24% in 2020
His cash bonus dropped by 27% amidst cutbacks in the bank.
UOB to raise pay, floats promotions for 98% of bank's employees
Review of compensation packages for senior management will be considered later.
'Buy now, pay later' flourishes in APAC as credit demand booms
Unlike credit cards or loans, there are no fees in BNPL if payments are made on time.
Commentary
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’