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UOB gives SMEs the digital leg-up in Shopmatic partnership
UOB gives SMEs the digital leg-up in Shopmatic partnership
																					
							Small firms can now build customised websites within 15 minutes.
						
					
					
				UOB unveils online utility marketplace
																					
							Consumers can choose from a wide array of electricity, gas, water, broadband and TV service providers.
						
					
					
				OCBC develops paper-lite trade finance platform to combat forgers
																					
							The move is part of its goal to grow its trade finance business which saw revenue growth of 20%.
						
					
					
				DBS enhances customer service touchpoints
																					
							It retrained over 500 employees and opened new roles including video biometrics specialists and live chat agents.
						
					
					
				UOB profit up 8% to $770m in Q1
																					
							The earning boost came from strong income figures which hit $1.77b.
						
					
					
				OCBC seeks partner for securities venture in China
																					
							The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.
						
					
					
				UOB ties up with SGX and CCOIC to support Chinese firms
																					
							The tripartite alliance aims to help Chinese firms expand to ASEAN.
						
					
					
				DBS Q1 profit up 9% to $1.21b
																					
							Strong interest income offset declining wealth management, brokerage and investment banking fees.
						
					
					
				BancNet taps Mastercard and Vocalink to enhance payments technology in the Philippines
																					
							The use of Vocalink will extend InstaPay’s reach to include government and commercial payments.
						
					
					
				Julius Baer and Siam Commercial Bank joint venture gets nod to set up wealth unit
																					
							It will start with over 50 dedicated professionals.
						
					
					
				RHB targets extending $7.5b in SME loans by 2021
																					
							The bank has approved $1.74b in SME financing in 2018.
						
					
					
				Standard Chartered unveils instant e-credit card issuance and loan disbursement
																					
							Personal loans of up to $200,000 can be disbursed within minutes of application.
						
					
					
				Maybank Singapore unveils certified course to upskill employees
																					
							The course tackles data analytics, design thinking and cybersecurity.
						
					
					
				UOB and KrisFlyer launch credit card and savings account to target frequent fliers
																					
							The card can be combined with a savings account to earn miles.
						
					
					
				RHB sets sights on one million mobile banking users by 2019 in mobile app launch
																					
							The bank also hopes to boost digital transaction volumes to over 80% by 2022.
						
					
					
				ICBC Singapore issues US$2.2b green bond for Belt and Road projects
																					
							The offering is available in three currencies: USD, CNY and EUR.
						
					
					
				Maybank kills collaboration agreement with Tuaspring and Hyflux
																					
							It will appoint receivers and managers over the assets of Tuaspring, save for its desalination plant and shared infrastructure.
						
					
					
				 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                 
                 
                
Commentary
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