Category: FINANCE

Net income increased 29 percent from a year earlier to S$1.11 billion ($832 million) in the three months ended March, the Singapore-based bank said Monday. The bad-loan ratio improved from the previous quarter and OCBC’s loan portfolio is “sound ... ( read original story ...)

SINGAPORE - OCBC Cycle 2018's community rides take place on Sunday (May 6) at the Singapore Sports Hub with participants set to enjoy breathtaking views of the country's skyline. Both The Sportive Ride (40.8km) and The Straits Times Ride (23km), will take ... ( read original story ...)

SINGAPORE - These days, Madam Asmah Md Yassin ... She does not have to constantly top-up the amount in the free contactless ATM card she received from POSB because it is linked to her bank account. The Yishun resident is one of 62 in the estate, aged ... ( read original story ...)

SINGAPORE: United Overseas Bank (UOB)racked up record-breaking results in the first quarter thanks to a triple treat of higher net interest margins, strong growth in wealth management income and a big drop in bad debt charges. Earnings shot up 21% to a new ... ( read original story ...)

Outside of Singapore, you also get access to Plaza Premium Lounges (smaller network than Priority Pass, found in fewer countries including China, India, Canada, Hong Kong and Malaysia). You do get 4 free passes each year which is twice that of Citibank of DBS. ( read original story ...)

Several Stompers have recently received an email which claimed to be from POSB, informing them that 'Singapore Banks has been under attack by hackers', and to click on the link provided in order to update their account and to keep their money 'safe'. ( read original story ...)

Vizeum Singapore, Havas Media Singapore and incumbent Wavemaker Singapore are tipped to be shortlisted in OCBC Bank’s media pitch, Marketing understands. The move follows a recent media pitch called last month, which also involves the brand’s ... ( read original story ...)

SINGAPORE: DBS Bank warned on Thursday (May 3) of a phishing scheme targeting POSB Bank customers, mimicking the POSB Internet Banking login page. "Such phishing sites are designed to steal customer details, logins, PINs and OTPs in order to perform ... ( read original story ...)

https://news.efinancialcareers.com/sg-en/314225/dbs-jobs-q1-2018/ UOB may be the smallest of Singapore’s three local banks, but it’s just posted record quarterly profits of $978m for Q1 – a 21% rise from a year earlier. If you’re thinking of ... ( read original story ...)

For the first quarter ended March, UOB reported a 21% rise in net profit to 978 million Singapore dollars ($731.9 million). Wee described it as the strongest quarter ever. Total income rose 9% to S$2.23 billion due to growth in both net interest income and ... ( read original story ...)

Bank of Singapore is upbeat on its prospects in the Middle East. Competition in the region has been fierce, but the private banking arm of OCBC was growing faster than its competitors, said Vikram Malhotra, South Asia and Middle East global market head at ... ( read original story ...)

historically Singapore banks perform well when the monetary authority starts to tamp down the pace of economic activity. The three homegrown lenders – DBS, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. – are among the biggest gainers ... ( read original story ...)

What Standard Chartered’s Q1 results really tell us about jobs and careers at the firm in Singapore and Hong Kong. https://news.efinancialcareers.com/sg-en/314051/sought-after-asian-banking-jobs/ Standard Chartered has long been one of the most prolific ... ( read original story ...)