News
Standard Chartered's Renminbi Globalisation Index up 0.3% m/m in June
However, it's the slowest in 20 months.
Singapore's 3 big banks moving to a slower growth phase
Their 2Q14 results were very revealing.
No cause for concern over housing loans: OCBC Bank
76% of outstanding loans are for owner-occupiers.
OCBC Bank's 2Q14 exceeds expectations on strong net trading income
And also on life assurance profit.
Deposit growth in Singapore banks rebound in June
After a contraction in April and May.
WorldRemit launches service allowing baht transfers to Thailand
No need for additional foreign exchange transaction.
Business credit growth in Australia banks rose to ~5% in June
It’s the highest rate in two years.
India's ICICI Bank flexing more granular balance sheet
ROEs are also inching towards optimum levels.
UOB's 1H14 net profit crept up 6% to S$1.59b
Thanks to a 2Q one-off gain.
It is finished: Standard Chartered China wraps up RMB FX option transactions with corporate clients
In line with the SAFE’s regulatory announcement.
Job opening thrives in Singapore's financial services, accountancy sectors
This is for the next 6 months.
Here's what props Singapore banks up despite margin pressures
And cut-throat competition among banks.
Deutsche Bank wraps up first series of RMB option trades for Chinese corporates
In line with the new SAFE regulation.
OCBC 1H14 results slammed expectations with 38% profit jump
Thanks to strong rebound in MTM gains.
Bank of East Asia 1H14 net profit up 6% y/y at HK$3.58b
Reflecting non-interest income that exceeded expectations.
APAC banks have to deal with slower credit growth and closer monitoring: Fitch
Due to credit cycle changes.
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1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 3. UOB acknowledges penalty for anti-money laundering breaches 4. Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case 5. UOB signs MoUs to support business expansion across ASEANResource Center
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Awards
Jul
08
Event News
The financial institution emerged as the recipient of the Green Deal of the Year - China and Green Deal of the Year - Singapore awards.
