Singapore sanctions Russia
Singapore prohibits doing business, freezes assets of 4 Russian FIs
Singapore prohibits doing business, freezes assets of 4 Russian FIs
MAS has ordered all of their assets in Singapore to be frozen.
Singapore banks halt lending for Russian energy trades: report
DBS, OCBC, and UOB have reportedly stopped issuing letters of credit.
Singapore to block certain Russian banks, financial transactions
The government is also donating US$100,000 for Ukranians’ humanitarian needs.
Thought Leadership Centre
Most Read
1. HSBC appoints Runa Baksi as head of SEA for global trade solutions 2. DBS launches digital voucher system through Paylah platform 3. Hong Kong lenders consider making bad bank to offload $25b in soured loans 4. Singapore banks’ interest income expected to come weaker in Q2 5. CBA deploys AI bot army to disrupt and study scam attacksResource Center
Read Here
Advertise
Sign Up
Event News
Asian Banking & Finance Fintech Awards 2025 Event Highlights
Revisit the Asian Banking & Finance Fintech Awards 2025, where Asia’s fintech leaders were honoured for driving digital finance and innovation.
Commentary
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia