The UBS takeover of Credit Suisse is not expected to have an impact on the stability of Singapore’s banking system, with the latter to continue operating in Singapore without interruptions and its ...
OCBC Bank launches new net-zero-aligned loan for corporates
The new financing solution, named the OCBC 1.5°C loan, provides incentives for corporates to set and work towards clear carbon emissions reduction targets aligned with internationally recognised, ...
Govt measures on property market ‘not a worry for now’ though demand is softening: DBS
DBS analysts believe demand is likely to taper off in 2023 with the natural cooling effect from a rise in mortgage rates.
Singapore Central Bank Says No Interruption to Credit Suisse Operations
Singapore's central bank said Credit Suisse Group would continue operating in the city-state without any curbs, adding that it expected no impact of the Swiss bank's takeover by UBS Group on the ...
Singapore, Hong Kong downplay Credit Suisse turmoil as stocks dip
Financial authorities in Asia have moved to downplay the local impact of the turmoil at Credit Suisse, saying they do not expect the takeover of the troubled Swiss bank to affect the stability of ...
MAS says Credit Suisse’s Singapore operations unaffected, local banking stability to remain intact
CREDIT Suisse Group will “continue operating in Singapore with no interruptions or restrictions” following its announced takeover by UBS, the Monetary Authority of Singapore (MAS) indicated. Read more ...
Credit Suisse operations in Singapore uninterrupted by UBS takeover deal: MAS
SINGAPORE: Credit Suisse will continue operating in Singapore without interruption, the Monetary Authority of Singapore (MAS) said on Monday (Mar 20), after it was announced that the troubled bank ...
Singapore, Hong Kong Seek to Calm Nerves Over Credit Suisse Deal
Financial authorities in Singapore and Hong Kong gave assurances Credit Suisse Group AG will remain open for business and its fallout won’t affect their markets after UBS Group AG agreed to buy the ...
Credit Suisse Will Continue Operating in Singapore, MAS Says
Credit Suisse Group AG Will continue operating in Singapore with no interruptions or restrictions following UBS Group ...
Singapore shares fall at Monday’s open; STI down 0.32 per cent
SINGAPORE stocks opened lower on Monday (Mar 20), tracking losses in global markets following ongoing banking woes worldwide. Read more at The Business Times.
Credit Suisse to continue operating in Singapore with ‘no interruptions or restrictions’: MAS
Credit Suisse Group AG will continue to operate in Singapore with “no interruptions or restrictions”, says the Monetary Authority of Singapore (MAS) on March 20. The central bank’s announcement comes ...
Singapore banking system “sound”, Credit Suisse exposure “insignificant”, central bank says
Credit Suisse, the second largest bank in Switzerland, operates a branch in Singapore that focuses primarily on private and investment banking. It does not serve retail customers.
WTT Singapore Smash: All-China singles finals see world No.1s triumph
winning the men's and women's singles titles respectively at the WTT Singapore Smash tournament at OCBC Arena on Sunday (19 March). Fan, 26, retained the men's singles title with an 11-5, 13-11, 8-11, ...
5 best travel insurance with Covid-19 coverage in Singapore (2023)
DBS travel insurance is one of the most popular travel insurance plans in Singapore. It's underwritten by Chubb, which has great worldwide reputation and recognition as the world's largest publicly ...
DBS PayLah! accepted at popular JB malls, supermarkets
SINGAPORE: Forgotten to bring enough Malaysian ringgit after crossing the Causeway? Customers of DBS Paylah! can instead pay via a UnionPay QR code when travelling to Malaysia and other tourist ...
Analysts remain ‘overweight’ on Singapore banks; SVB seen as a ‘non-event’ for the sector
Analysts are remaining positive on the Singapore banking sector following the collapse of US banks, Silicon Valley Bank (SVB) and Signature Bank. SVB closed on March 10 while Signature Bank was shut ...