Singapore
CIMB Singapore triumphs in multiple categories with innovative financial solutions
CIMB Singapore triumphs in multiple categories with innovative financial solutions
The bank took home awards for Singapore International Cash Management Bank of the Year, Singapore International SME Partnership Initiative Bank of the Year, Syndicated Loan of the Year - Singapore and Innovative Deal of the Year - Singapore.
Singapore warns of scammers impersonating central bank officers
About 41 individuals have fallen victim to scammers, with $2.6m in losses.
StanChart SG onboards 10,000 clients in SC Inner Circle
These clients deliver feedback and insights on initiatives and products.
MAS: freeze remittances to China for the next three months
It is effective from 1 January 2024 to 31 March.
How OCBC’s blockchain expertise is powering Singapore’s digital currency ambitions
OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.
Digital bank Trust unveils environmentally-friendly payment card
It is made out of recycled plastic bottles recovered from coastal areas.
Foreign banks in China grapple with asset quality stress, regulation fluctuations
Their assets make up 1.3% of the system as of H1 2023.
How NETS is helping SMEs get the right data to raise their revenue
NETS has a network of about 10 million cards and 130,000 payment touchpoints in Singapore.
Maybank Singapore appoints Alvin Lee as new CEO
Lee is currently head of group wealth management and community financial services.
Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions
Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.
Digital asset exchange DigiFT clinches capital markets service license in SG
DigiFT can now conduct regulated dealing of capital markets products.
MUFG Investor Services opens operational center in Malaysia
Kimberly Clark’s Puneet Gupta will be the new managing director of the center.
MAS unveils multi-sector transition taxonomy
This is the first taxonomy globally to pioneer the concept of a “transition” category.
Korea’s Woori Bank faces lower profits, rising credit costs in 2024
Capitalisation, funding, and liquidity are expected to remain stable.
HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.
Maybank Singapore approves landmark US$100m green-linked Islamic loan
Maritime transportation services company AET will use it to reduce GHG emissions.
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.
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