Singapore

Singapore banks' loan growth to grind to a halt at 0.5% by end-2019

Mortgage loans and business-related loans are caving under pressure.

Singapore mortgages slow sharply as sentiment sours

Home loan growth slowed to 1.9% in January-November 2018 from 4.2% in 2017.

DBS unveils loadable QR Ang Bao for Chinese New Year

They will be available from 25 January and can be used until 15 March.

Chart of the Week: Singapore mortgage loans to grow 3% in 2019

The cooling measures will temper borrowing activities.

Singapore banks' innovation labs struggle to retain talent

Their tasks may be clashing with the banks’ in-house tech teams.

Morgan Stanley beefs up Asian wealth team

It will hire 50 RMs in Hong Kong and Singapore over the next three years.

Myanmar's MAB launches wealth banking platform

The bank is aiming to double its premium members within one year.

Korea's IBK gets go-ahead for takeover of 2 Indonesian banks

It is aiming to merge the two banks to launch IBK Indonesia within 2019.

OCBC launches digital dashboard for SMEs

The dashboard features over 40 business apps.

Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?

The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.

UOB renews bancassurance deal with Prudential for 15 years

The bank will continue to the latter's products in five Asian markets.

DBS launches online portal giving SMEs the digital leg up

SMEs can access accounting, digital marketing and cybersecurity solutions.