SINGAPORE: Citigroup said on Tuesday it had completed the sale of its Thailand and Malaysia retail banking businesses to Singapore's United Overseas Bank (UOB) in a transaction expected to result in a ... ( read original story ...)
DBS raises interest rates on its Multiplier account, after similar move by OCBC
DBS raised the maximum interest rate on the Multiplier account to 4.1 per cent a year, up from 3.5 per cent previously. Read more at straitstimes.com. ( read original story ...)
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Citigroup said on Tuesday it had completed the sale of its Malaysia and Thailand retail banking businesses to Singapore's United Overseas Bank (UOB) in a transaction expected to result in a regulatory ... ( read original story ...)
HSBC Personal Loan: Get Up To S$3,100 Cashback When You Apply Online
Looking for a personal loan in Singapore with manageable monthly repayments? HSBC Personal Loan has one of the highest tenor (up to 7 years) and interest rates starting from 3.2% EIR. Plus, there's an ... ( read original story ...)
Singapore’s UOB scraps new loans for oil, gas projects
UOB already became carbon neutral last year for its internal operations. Now the group intends to cut lending drastically for clients in six carbon-heavy sectors by 2050, aiming to achieve net-zero ... ( read original story ...)
UOB sets out plan to meet net-zero emissions targets by 2050
Goal will be met by cutting financing to upstream oil projects and setting emissions reduction goals in other sectors. Read more at straitstimes.com. ( read original story ...)
DBS hikes rates on high-yield savings accounts
With banks competing with the Monetary Authority of Singapore’s 6-month T-bills for deposits, DBS Bank has fired the next salvo on the interest rate front. In a press release on Nov 1, DBS announced ... ( read original story ...)
DBS to Test Digital Currency With Instant Settlement in Singapore
Singaporean financial services firm DBS is teaming up with Open Government Products, an experimental team of the Government Technology Agency of Singapore, to roll out a live pilot for the launch of ... ( read original story ...)
Billionaire Wee Cho Yaw’s UOB Profit Jumps As Bank Poised To Takeover Citibank Franchise In Southeast Asia
United Overseas Bank (UOB) reported record third-quarter net profit, bolstered by increased lending income, as Singapore’s third-largest lender by market value gears up to complete its acquisition of ... ( read original story ...)
OCBC raises interest rates on 360 savings account again, adding to banks’ competition for deposits
OCBC Bank will again raise the interest rates on its flagship 360 savings account, in the latest move by a lender here to capture a larger slice of the customer deposit pie. Read more at straitstimes. ( read original story ...)
Why demand for factory space is easing in Singapore
Industrial sales declined 12.2% to S$773.1m in Q3. Despite the moderation in overall industrial performance over the recent months, a Knight Frank report indicates Singapore remains a compelling ... ( read original story ...)
OCBC to raise interest rates again for 360 savings account
SINGAPORE: OCBC Bank will raise interest rates again for its flagship 360 savings account, following a similar move in August. Customers will be able to earn an interest of 4.65 per cent per y ... ( read original story ...)
Singapore bank UOB scraps new loans for oil and gas projects
Major Singaporean lender United Overseas Bank will end new loans to oil and gas developments as part of long-term goals for net-zero emissions, the company said Monday. UOB already became carbon ... ( read original story ...)
Regional rivals Hong Kong and Singapore battle to lure fintech leaders to competing mega events
Both cities are hosting their fintech events in the same week, with some industry players saying they will go to both. ( read original story ...)
OCBC raises interest rate on 360 savings account again, adding to banks’ competition for deposits
OCBC Bank will again raise the interest rates on its flagship 360 savings account, in the latest move by a lender here to capture a larger slice of the customer deposits pie. Read more at straitstimes ... ( read original story ...)
Explainer: Why MAS is trialling a digital Singapore dollar and how you can use it
A new form of digital Singapore dollar which can be programmed and used for specific purposes only will be tested at the Singapore Fintech Festival (SFF) this week. ( read original story ...)