In Focus

Steering committee unveils timeline to cease SOR-linked issuance
All lenders, borrowers are to cease issuance of SOR-linked products by end April 2021.

Top News

Bank accounts of suspected scammers can be frozen within a day: MHA
Financial Services
10 hours ago
Minister Desmond Tan lays out plans to prevent scams.
MAS pilots upgraded RMB funding facility
Financial Services
14 weeks ago
It will discontinue the current RMB liquidity facility on 23 November.
Singapore, Philippine central banks partner for data connectivity
Financial Services
14 weeks ago
They hope to boost cross-border data transfer and risk management.
UOB value chain financing doubles in H1
Financial Services
18 weeks ago
Sub-contractors, suppliers seek extra financing to ease cash flow pressures.
MAS bans ex-BSI Bank rep over $6.79m ‘secret profits' from 1MDB
Financial Services
18 weeks ago
Swampillai also made deliberate misrepresentations to 1MDB’s auditors.
Goldman Sachs to pay US$122 over 1MDB scandal
Financial Services
18 weeks ago
They will also pay US$2.3 billion to the US government.
DBS pilots online tracker for cross-border corporate collections
Financial Services
18 weeks ago
Clients in Singapore and Hong Kong will be the first to try the service.
DBS gains regulatory approval to set-up JV securities company in China
Financial Services
25 weeks ago
It will engage in brokerage and securities investment consulting, amongst other services.
Economic fallout hits on Singapore banks' outlooks: Fitch
Financial Services
26 weeks ago
Impaired loan ratios are expected to more than double from end-2019 levels.
DBS tops Bloomberg Asia's green loans league tables
Lending & Credit
26 weeks ago
The bank extended $1.36b in green loans in eight deals from January-August.

More News

Revolut Singapore sees 70% hike in Chinese New Year e-cash gifting
6 weeks ago
Clients made over $4.5m in transfers and e-cash gifting during Christmas.
Razer Fintech, FWD Singapore launch Visa prepaid card solution
18 weeks ago
FWD is offering $100,000 complimentary coverage to the first 1,337 to qualify for a Razer Premium Card.
ST Engg, Montran Corp inks MOU for digtialisation of APAC payments' systems
18 weeks ago
They will also establish a centre of excellence in Singapore.
PayNow increases limit for ad-hoc transactions to $5,000
22 weeks ago
Users may also set their own PayNow limit.
Razer Fintech, Templeton partner for digital wealth management platform
24 weeks ago
This will first focus on Singapore, Malaysia, the Philippines, and Vietnam.
GoBear lays off 22 employees across four countries
25 weeks ago
A bulk of them were from its Vietnam office.
Maybank Singapore to hire 100 trainees, expand staff financial aid
25 weeks ago
It has also pledged not to cut jobs.
EZ-Link, Touch ‘n Go launch dual-currency cross-border contactless card
28 weeks ago
It hosts two e-wallets in Singapore dollars and Malaysian ringgit.
Standard Chartered boosts talent investment in Singapore
28 weeks ago
The bank has committed S$8m to reskill its Singaporean workforce.
MatchMove launches cross-border B2B remittance platform
29 weeks ago
Fees start at $8.9 per remittance.

People

DBS names new group cash product management head
DBS announces new lead independent director
New directors appointed for CIMB Bank, CIMB Islamic
AgBank and CCB appoint chairmen
Summoned chairman of suspended Korean savings bank commits suicide
BofA appoints Killingback head of Asia mergers advisory

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ABF Digital & Open Banking Conference 2019 Event Photos
22 October 2019 | The Westin Singapore

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