Singapore

OCBC launches standalone mobile payments app

QR code cashless payments are now available at close to 2,500 NETS terminals.

Chart of the Day: Singapore banks' loan growth is recovering

Loan growth is expected to hit 6-7% for 2017-2018.

Domestic banks in peril as firms turn to non-bank lenders for supply chain funding

Chinese corporates have signalled the strongest shift towards international banks.

Asian banks to ride on the 6% economic growth in the next five years

Growth of Asian economies will surpass the global growth average of 3.7%.

Credit Suisse, UOB fined for 1MDB-related lapses

Singapore's central bank imposed fines of more than $1.1m in total.

Cash management in Asia undergoes a digital facelift

Digital innovations are improving Asian banks’ transactional efficiency and client experience, but costs are far from cheap.

Banks may not be lending enough if bad debts don't rise during tough times

Singapore's central bank chief says they're probably not taking on sufficient risks.

24 APAC banks commit to implement SWIFT gpi

Over 110 banks in total have now joined gpi.

Singapore banks urged to make physical branches as convenient as their digital offerings

Ensuring customer loyalty and improving cybersecurity are also top priorities.

Singapore banks' non-interest income growing 7-8% annually since 2014

Non-interest income now constitutes about 40% of revenue.