Singapore
OCBC upgrades green finance portfolio target to $25b by 2025
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.
Three-fourths of Filipinos open to having a financial account online
But finance firms stand to lose 40% of new business if account opening isn’t fully online.
HSBC Singapore adopts phased reopening of branches
Physical financial and wealth management advisory services are available via appointment.
OCBC Singapore to reopen three branches, premier banking centre
This brings the total number of open branches to 27.
Singapore FinTech Association pilots self-assessment tool
It will help fintechs accelerate ventures with financial institutions.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge