Singapore

Central bank begins financial sector cloud resilience forum

The forum will discuss perspectives on appropriate public cloud risk management practices.

Central bank begins financial sector cloud resilience forum

The forum will discuss perspectives on appropriate public cloud risk management practices.

OCBC Bank opens 'Metaverse branch' in Decentraland

It is named after its headquarters in Chulia Street, Singapore.

MAS hosts forum on cloud resilience

The 20 participants discussed how to raise the adoption of public cloud services.

HSBC Singapore announces new board of directors

Their appointments is effective starting 4 April.

Singapore and Malaysia launch cross-border QR code payment links age

Person-to-person fund transfers are targeted to finish by year-end.

Bank of Singapore appoints Ranjit Khanna as Middle East global market head and Dubai branch chief

The appointment is effective 3 April 2023 and subject to regulatory approval.

Disruption of DBS’ digital services is unacceptable – MAS

The last digital disruption happened 16 months ago or November 2021.

OCBC has disbursed S$3.5b under Eco-Care Loans 

Two thirds of Eco-Care Home Loan customers live in HDBs.

Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout

Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.

Write-off of CS AT1 securities no risk to SG banks: analyst

The strong corporate governance and risk management add bank confidence.

OCBC opens Wuhan branch

OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.

OCBC launches net zero loan for corporates

Companies get a reduced interest rate on their loans when they meet targets.

No interruptions in Credit Suisse operations in Singapore: MAS

MAS said UBS’ takeover of Credit Suisse will not impact SG’s banking system.

MAS in “close contact” with Swiss regulators over Credit Suisse

Credit Suisse recently announced that it is borrowing up to CHF50b.

Singapore's MAS: banking system sound amidst US bank failures

MAS said that its local banks have “insignificant exposures” to the failed banks.