Singapore
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
American Express appoints Marlin Brown as Singapore Country Manager
He was recently the country manager for Thailand.
American Express has named Marlin Brown as its new Singapore Country Manager.
ANEXT Bank unveils programme to improve embedded finance for SMEs
The programme is open to all e-commerce marketplaces, fintechs, amongst others.
DBS, partners grant S$250,000 for climate-focused hybrid accelerator programme
The second run of Sustaintech Xcelerator will focus on nature-based approaches, amongst others.
MAS to cooperate with Ghana to open trade and financial corridor
It will work with the Bank of Ghana and the Development Bank of Ghana for the project.
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
OCBC net profit up 31% YoY to S$1.6b in Q3 2022
The company’s net interest income grew by 44% YoY.
Maybank names new Maybank IBG CEO
Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.
MAS launches Ubin+ to study cross-border FX settlement using CBDCs
It will study business models and create policy guidelines.
4 factors intensifying the talent gap in the FinTech sector
A report revealed that demand for talent in the FinTech sector is still outpacing supply.
DBS Group’s net profit jumps 32% YoY to $2.24b in Q3
Its total income grew 28% to $4.54b.
CIMB Singapore increases fixed deposit rate up to 3.90%
This is the highest as of 31 October.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
Singapore launches digital banker’s guarantee, insurance bond
The eGuarantee@Gov is available from over 20 financial institutions locally.
MAS commits $150m for third round of fintech funding scheme
This commitment will last for three years.
Singapore to eliminate all corporate cheques by 2025
Use of cheques for payments has declined to just 7%, says DPM Wong.
SG, China deepen cooperation in green finance, capital markets
They will work on three initiatives.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Resource Center
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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Most Read
1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
<time datetime="2024
<time datetime="2024