SINGAPORE — Customers of Singapore’s largest banking group DBS Bank may experience problems in accessing selected banking services on the DBS network over the first weekend of August, according to an email sent out to the bank’s clients seen by TODAY. ( read original story ...)
Indonesia’s Bank Mandiri makes private banking push in Singapore
JAKARTA (Reuters) - Indonesia's largest bank by assets, PT Bank Mandiri Tbk (BMRI.JK), plans to open a full branch in Singapore as it makes a push into private banking in the city-state by targeting freshly declared wealth under Indonesia's tax amnesty scheme. ( read original story ...)
DBS : to Issue US$500 Million Green Bonds Due 2022
SINGAPORE--DBS Group Holdings Ltd. (D05.SG) Wednesday said it will issue US$500 million worth of green bonds, the first such issuance by the Singapore bank. The bonds, due 2022, will bear a quarterly coupon of three-month 0.62% over and above the U.S ... ( read original story ...)
OCBC looks at using artifical intelligence to profile customer behaviour – and detect fraud
SINGAPORE - OCBC Bank is testing out ways to use artificial intelligence (AI) to build a profile of customer behaviour - and do so thoroughly enough to detect fraud. If the technology proves successful, it could prove to be crucial in the fight against ... ( read original story ...)
Consolidation Likely For Singapore Stock Market
(RTTNews.com) - The Singapore stock market has moved higher in four straight sessions, advancing almost 100 points or 3 percent in its way to a two-year closing high. The Straits Times Index now rests just above the 3,305-point plateau although investors ... ( read original story ...)
Transfer funds with just QR codes using OCBC’s Pay Anyone mobile app
SINGAPORE – Transferring funds has become even easier for OCBC Bank customers, who can send and receive money using just QR codes with its Pay Anyone mobile app, doing away with the need to share phone or NRIC numbers. OCBC Bank, which married QR codes ... ( read original story ...)
Singapore consumers can now instantly make travel claims from MSIG
DBS or POSB account holders in Singapore who purchase MSIG's travel insurance plans via the DBS website will now be able to receive their claims instantly. However, they need to also have an account with MSIG's customer portal to benefit from the service. ( read original story ...)
DBS takes orders for Singapore’s first offshore Green bonds
HONG KONG, July 18 (IFR) - DBS Group Holdings, rated Aa2/AA- (Moody's/Fitch), is marketing five-year US dollar Green bonds at Treasuries plus low 80 basis points area, the first offshore Green bond offering by a Singaporean issuer. The Singaporean bank is ... ( read original story ...)
Hierarchical, disorganised, anti-social: my internship at a Singapore bank
I’m an intern at a Singaporean bank. My work is too unstructured, I’m not learning much on the job, and I don’t get to network. http://news.efinancialcareers.com/sg-en/219062/which-banks-to-work-for-if-you-want-a-big-intern-salary-in-singapore ... ( read original story ...)
DBS Group plans US dollar Green bond debut
HONG KONG, July 17 (IFR) - DBS Group Holdings, rated Aa2/AA- (Moody’s/Fitch), has hired banks for a potential offering of US dollar Green bonds, which would be the first offshore issue of this kind from a Singapore issuer. The bank plans to sell 144A/Reg ... ( read original story ...)
UOB plans to strengthen Islamic banking operations
UOB Malaysia acting head of Islamic banking Amir Alfatakh Yusof ... “At the moment, customers across three markets – Singapore, Thailand and Indonesia – have shown interest in Islamic banking. We want to build our capabilities and support our ... ( read original story ...)
UOB unveils fund transfer via messaging app
It is the first bank in Singapore to do so. Singapore banking giant UOB launched UOB MyKey and PayNow, allowing customers to send money using any messaging app. UOB MyKey allows customers to send up to $1,000 to any mobile number using any messaging app ... ( read original story ...)
Swimming With Singapore Sharks
PT Bank Mandiri, Indonesia's largest lender by assets, is set to wade into the cutthroat private-banking business in neighboring Singapore. The idea might seem a little ridiculous. Among the top 15 Asian private banks (excluding onshore wealth ... ( read original story ...)
Singapore Food Festival 2017 – Top 7 Events All Foodies Must Go!
You can save up to 30% if you purchase the Singapore Restaurant Festival dining vouchers ($70 for $100 worth of vouchers) and use it for their meals at the participating restaurants. Vouchers can be purchased using DBS/POSB debit or credit cards at ... ( read original story ...)
Singapore stocks join global rally on dovish Yellen; UOB climbs
Singapore equities snapped two sessions of declines on Thursday, in line with the rally in global stocks after Fed chair Janet Yellen signalled gradual monetary tightening. The U.S. economy is healthy enough for the Fed to raise rates and begin winding ... ( read original story ...)
Singapore can be a great global stage for running, says World Marathon Majors GM
SINGAPORE - Singapore's pedigree as an iconic travel destination can only help the Standard Chartered Singapore Marathon's (SCSM) hopes of becoming an Abbott World Marathon Major (WMM), with the organisation's general manager Tim Hadzima lauding the ... ( read original story ...)