Tag: banking

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 ...)

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 ...)

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 ...)

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 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 ...)

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 ...)

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 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 - 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 ...)

SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corporation (OCBC) (OCBC.SI) and its insurance arm are selling their stakes in property firm United Engineers (UTES.SI) and a subsidiary to a group led by China's Yanlord Land Group YLNG.SI and ... ( read original story ...)

Companies mentioned in this report: Standard Chartered Private Bank, HSBC, Citibank, DBS, OCBC, Bank of Singapore and Vontobel. - Expats constitute half of Singapore's HNW population, hence constituting a lucrative target market. - Accelerated demand for ... ( read original story ...)