Singapore
How Singapore banks are closing the gender gap
How Singapore banks are closing the gender gap
Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.
30% of Singaporeans to have digital bank accounts by 2023
In 2022, the percentage of adults who have a digital bank account climbed to 21%.
Singapore’s credit, charge card payment market to grow 6.5% through 2025
The value of debit card payments will grow by 7.2% in 2022.
OCBC, Standard Chartered complete 30-year SORA OIS trade
The 30-year SORA OIS trade was the first transaction cleared by LCH.
Singapore big three banks poised for earnings growth
UOB, OCBC, and DBS have strong non-interest incomes.
Small step for Green Link Digital Bank, large leap for Singapore MSMEs
Size does not matter for Singapore’s newest wholesale digital bank.
1 in 10 Singaporeans defer loan repayments
Majority plan to boost investments and savings.
1 in 5 affluent Singaporeans defer loan repayments, mull switching banks: survey
Over 40% of mass affluent bank customers saw their incomes decrease.
Fintech YouTrip launches online travel insurance in platform
The company’s business reportedly grew four times in Q2 compared to 2021.
DBS vs OCBC: Which bank will be the bigger winner from an upcycle in interest rates?
An analyst said one of the banks will have an earnings growth of 15.9% in 2023.
DBS raises fixed home loan rate, scraps 5-year fixed package: report
The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.
UOB prices $400m perpetual capital securities
It will be issued under a $41.5b (US$30b) global medium term note programme.
Singapore’s investment banking fees rise 3.3% in first half of 2022
However, DCM underwriting fees were slightly lower than in 2021.
DBS PayLah! enables QR payments in 45 markets through UnionPay
Users can now pay with QR code in one of UnionPay’s 31 million retailers worldwide.
DBS grants A$295m green loan to GIC
It is DBS’s first AUD-denominated green loan.
DBS adds carbon calculator in LiveBetter platform
Users can also now access a curated portfolio of carbon projects to help reach offset goals.
Singapore establishes framework to push for high quality green bonds
A committee will oversee the Singapore Green Bond Framework.
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