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Tag: banking

Posted on 16/05/2023

This Singapore Based Bank Is Offering 8% Interest On Fixed Deposits

Singapore based DBS Bank's Indian subsidiary is offering high interest rates. The bank is offering as much as 7% interest on savings account. A deposit of 2 years 6 months 1 day & less than 3 years ...

Posted on 16/05/2023

Singapore’s deputy prime minister Lawrence Wong visits Ant and Nio in Shanghai as part of China trip

Ant's chairman Eric Jing Xiandong introduced the company's history and Singapore operations to Wong Wong is also expected to meet Chinese Premier Li Qiang and Vice-Premier Ding Xuexiang in Beijing ...

Posted on 16/05/2023

How Much Does It Cost to Build a Digital Bank in ASEAN?

Building a digital bank in ASEAN can face several common cost obstacles before it is ready to compete against incumbents.

Posted on 16/05/2023

CapitaLand Ascendas REIT deepens presence in one-north, Singapore with acquisition of Seagate’s R&D facility for S$218.2 million

CapitaLand Ascendas REIT Management Limited, as the manager (the “Manager”) of CapitaLand Ascendas REIT (“CLAR”), is pleased to announce the pro ...

Posted on 16/05/2023

Singapore Blue-Chip Stocks That Reported Sterling Profits: Can Their Share Prices Rise?

OCBC is Singapore’s second-largest bank and offers a comprehensive range of banking services for individuals and corporations. For its fiscal 2023’s first quarter (1Q 2023), the lender reported an ...

Posted on 16/05/2023

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY. The big three banks of Singapore –- DBS, OCBC, and UOB –- saw sizable expansions in their respective net interest margin (NIM) in ...

Posted on 16/05/2023

HSBC aims to grow its Asian business amid pressure from top shareholder Ping An

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...

Posted on 15/05/2023

Singapore Digital Banks Behind The Regulatory Times

The digital banking ecosystem among Southeast Asia's approximately 687 million inhabitants is diverse. Some ASEAN members, including the ...

Posted on 15/05/2023

Prince William And Kate Middleton To Attend The 2023 Earthshot Prize In Singapore

The Prince and Princess of Wales, William and Kate Middleton, are all set to attend the 2023 Earthshot Prize ceremony. The third annual award show is to be held in Singapore on 7 November 2023.

Posted on 15/05/2023

As China re-opens, ‘old friends’ from Singapore get a head start in resuming ties

A month before China resumed issuing all visas to foreigners on March 15, Singaporean businessman Tony Du received an invitation to visit the country from the Sichuan provincial government’s overseas ...

Posted on 15/05/2023

HSBC targets Asia growth amid pressure from top shareholder

The banking giant said it wants to grow revenues and lending in Asia after facing calls to split the bank in two.

Posted on 15/05/2023

Igniting Innovation in Singapore: The CIO view

According to State of the CIO 2023 findings, 90% of CIOs say that their role is becoming more digital and innovation focused. Yet such ambitions come with a caveat as CIOs build a foundation for ...

Posted on 15/05/2023

HSBC targets ‘mid-teens’ Asia returns amid Ping An pressure

Top shareholder Ping An Insurance Group has criticized the bank’s current model in Asia as being inefficient. Read more at straitstimes.com.

Posted on 15/05/2023

Singapore Passes MAS’ Bill on ‘COSMIC’ to Gather Info on “Red Flag” Customers

The Singapore parliament has passed the Monetary Authority of Singapore's (MAS) bill to establish the COSMIC platform.

Posted on 15/05/2023

UOB unveils exclusive wine pairing dinners for cardholders

Cardholders can also attend invite-only wine masterclasses. UOB has inked a partnership with Robert Parker Wine Advocate to offer exclusive wine pairing dinners to the bank's cardholders. The two-year ...

Posted on 15/05/2023

Singapore’s long-serving c.bank chief reappointed for 2 years

Singapore's central banker Ravi Menon has been re-appointed in his role for another two years, the Monetary Authority of Singapore (MAS) said on Friday.

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