Singapore

COVID-19 could drive DBS and OCBC's dividends to go over 6%

But net profit forecasts had been cut by 5.8% and 3.7%, respectively.

OCBC launches cheque encashment service in select ATMs

Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.

Wirecard to process GrabPay transactions for MSMEs

It will also expand GrabPay to more merchants.

Citi Singapore ups paternity leave to four weeks

This is in line with the bank’s new global parental leave policy across 74 markets.

Chart of the Week: Half of Korean banks' loan quality imperiled by prolonged COVID-19 outbreak

This could impact the broad service and manufacturing sectors that make up about 58% of loans.

How Real-time Payments Can Fuel Emerging Business Models

Instant payments are being implemented around the world, promoted by governments to support financial inclusion and the digitisation of economies.

Bancassurance in Asia

Delivering a step-change in value.

Singapore card payments market to hit $158b in 2023

Credit cards took the lion’s share in market value at 60% in 2019.

UOB, Prudential Singapore launch women's savings account

It offers free insurance coverage against six women-related cancers.

Mapletree Investments clinch $316.7m sustainability loan from OCBC

This is Mapletree Group’s fourth sustainable finance transaction with the bank.

South Asians, SEA preferred repeat online loans in 2019

69% of Vietnamese had a single loan, but only 31% had repeat loans.

Asian Development Bank unveils new Singapore office

It comprises 12 specialists from ADB’s PSOD and Office of Public-Private Partnership.

Why you shouldn't miss ABF Retail Banking Forum 2020

Hear from the region’s top banking execs on how to stay ahead of changing industry trends.

Deutsche Bank Wealth Management names two additions to APAC lending team

The appointees are based in Hong Kong and Singapore, respectively.