Singapore
Investments flood Singapore fintechs in April, May after quiet Q1
Investments flood Singapore fintechs in April, May after quiet Q1
Total equity funding reached a record-high US$331m.
MUFG Bank to invest in NTT Finance Corp's green bond
It will be used to finance sustainable green building projects.
OCBC emerges as APAC's top lead arranger of green loans from 2018-2020YTD
Singapore’s OCBC and DBS accounted for $5.47b of such loans.
Singapore investment banking fees plummet 49.4% in H1
Fees from completed M&A, ECM, DCM, and syndicated lending all registered declines.
OCBC upgrades green finance portfolio target to $25b by 2025
It has already surpassed its $10b target for 2022 in Q1.
UOB reopens seven more branches in Singapore
These banks are located in high footfall retail areas.
Singapore to elevate hub status with new digital banking regulation
A more flexible Payment Services Act makes it easier for fintechs to apply full operations in Singapore.
AMTD, Xiaomi, SMU and NUS launch digital finance leadership programme
AMTD and Xiaomi will contribute $5m to support the programme.
One in five Singaporean Visa cardholders buying online for the first time
Majority won’t revert back to using cash even after the pandemic is over.
Singapore digital bank aspirants down to 14
MAS asked the applicants to update their business plans and financial projections.
Hope for Malaysian banks in 2021 after ‘washout' 2020: analyst
Bank earnings are likely to rebound 7.9% YoY in aggregate net profit.
Weekly Global News Wrap: Swiss National Bank likely to keep low policy rate; Goldman Sachs pledges further $250m aid
And Commerzbank rebuffs Cerberus demand for seats in supervisory board.
APAC payments industry remains attractive to investors: analyst
The industry recorded 29 deals in Q1 from only 23 in Q4.
Chart of the Week: Almost half of Singaporeans prefer e-payment methods
PayNow is the top choice for 18.2% of surveyed consumers.
OCBC, CapitaLand ink Singapore's first SORA-based loan
The $150m three-year corporate loan is part of a sustainability-linked loan.
Singapore's financial institutions allowed to reopen branches, resume in-person meetings
They must implement all safety measures and maintain a record of meetings.
Hong Kong virtual bank Airstar launches services to the public
The bank offers savings, time deposit, and personal loan products.
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