Staff Reporter

Singapore banks push ahead to post-pandemic era

Significant loan book exposure in China is helping them recover faster than their regional peers.

Bank of Thailand base rate to hold through 2022: Fitch

This comes at the back of a bleak economic outlook due to the recent COVID-19 outbreak.

Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses

It will take place from 8 to 12 November as a hybrid event.

Singapore banks post robust net profit results

All three major banks reported net profits of more than $2b for the first six months of 2021.

The Dawn of Open Platforms in Capital Markets

The past decade has witnessed incredible innovation in global capital markets, and the rapid pace continues. Regulatory changes designed to seek risk mitigation and boost transparency as well as enhance asset stability have drastically changed the economics of capital market technology demands and business models.

DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced

Fee income rose to a record as wealth fees hit new heights.

Myanmar limits foreign staff allowed in domestic banks: report

Major banks can now employ no more than 25 foreign staff.

Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan

After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.

BNPL continues to gain traction with Square’s $29b acquisition of Afterpay

Afterpay accounts for 7.7% of Australia’s e-commerce market.

What keeps young Muslims from embracing Islamic banking?

The lack of available online banking options will be a dealbreaker for most.

OCBC net profit soars by 86% to $2.6b in first half

The net profit growth was driven by a robust banking and insurance performance.

UOB net profit up 29% to $2b in first half of 2021

Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.

Thai banks sufficiently buffered against ongoing risks: Fitch

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

Meeting the challenges of SME Banking during the COVID-19 pandemic

Understanding the needs of SMEs is key to a bank’s sustainability—and even success—during the current crisis.

SG bank loans expand by a record-breaking 3.5% in June

This is the fastest rate of expansion since October 2018.