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Tag: banking

Posted on 04/11/2021

Purchase of paper gold, silver on OCBC app exceeds $1m in first week

SINGAPORE - An OCBC Bank initiative to enable investors to buy and sell gold and silver has seen around $1 million worth of the precious metals traded since Oct 25, the bank said on Friday (Nov 5).. ( read original story ...)

Posted on 04/11/2021

Guardforce AI Announces Asia-Pacific Expansion with Headquarter Relocation to Singapore

Announces Merger with Guardforce AI Singapore Pte.NEW YORK, NY / ACCESSWIRE / November 4, 2021 / Guardforce AI Co. ( read original story ...)

Posted on 04/11/2021

Standard Chartered Smart Credit Card Review: What makes it so ‘smart’?

As Singaporeans living in a Smart Nation, heads bowed over our smartphones, our every move tracked by security cameras that are getting smarter by the day, the new Standard Chartered Smart Credit Card ... ( read original story ...)

Posted on 04/11/2021

IPO-bound Paytm allocates shares worth $1.11 bn to over 100 institutional investors

Paytm's offer of up to Rs 18,300 crore garnered interest from 122 institutional investors who bought more than 38.3 million shares for Rs 2,150 apiece, according to a regulatory document dated ... ( read original story ...)

Posted on 04/11/2021

Indian fintech firm Paytm signs up more than 100 institutional investors for IPO

BENGALURU: Ant Group-backed fintech firm Paytm said it has allocated shares worth 82.35 billion rupees (US$1.11 billion) to more than 100 institutional investors, including the government of Singapore ... ( read original story ...)

Posted on 04/11/2021

Paytm Signs Up Over 100 Institutional Investors For IPO

Ant Group-backed fintech firm Paytm said it has allocated shares worth Rs 8,235 crore ($1.11 billion) to more than 100 institutional investors, including the government of Singapore, ahead of what is ... ( read original story ...)

Posted on 04/11/2021

IPO: Paytm raises Rs 8,235 crore from anchor investors

Digital payments and financial services firm Paytm has raised Rs 8,235 crore from anchor investors, securing 45 percent of its Rs 18,300 crore initial public offering. The round was oversubscribed 10 ... ( read original story ...)

Posted on 04/11/2021

Exampur Closes Pre-Series A Strategic Investment

The edtech platform announced its Pre-Series A investment for an undisclosed amount from a Singapore-based consortium of professional Angel Investors. ( read original story ...)

Posted on 04/11/2021

Singapore Hits Key Metric Tied to Easing Covid Restrictions

The number of new local infections fell in the past week compared to a week earlier for the first time since mid-October, marking a key milestone that could lead to an easing of restrictions in the ... ( read original story ...)

Posted on 04/11/2021

UOB Chalks Up Record Fee Income for the First Nine Months of 2021: 5 Highlights from the Bank’s Latest Earnings

UOB continues to impress with increases in total income and a jump in net profit for the quarter. The post UOB Chalks Up Record Fee Income for the First Nine Months of 2021: 5 Highlights from the Bank ... ( read original story ...)

Posted on 04/11/2021

OCBC Powers On with Net Profit of S$1.2 Billion in its Latest Quarter: 5 Things Investors Need to Know

The lender continues to steadily grow its loan book, fee income, and wealth management assets under management. The post OCBC Powers On with Net Profit of S$1.2 Billion in its Latest Quarter: 5 Things ... ( read original story ...)

Posted on 03/11/2021

Singapore FinTech Festival partners Smartkarma to launch report on Web 3.0 within the financial services industry

Singapore FinTech Festival (SFF) and Smartkarma are pleased to announce they have entered into a knowledge partnership that combines SFF's global knowledge platform with Smartkarma's world-class ... ( read original story ...)

Posted on 03/11/2021

OCBC, UOB expect sustained growth momentum in 2022 despite headwinds

SINGAPORE - Local lenders OCBC and UOB expect sustained growth momentum next year in their key markets despite headwinds such as supply chain disruptions and Covid-19 infections posing risks to ... ( read original story ...)

Posted on 03/11/2021

SCB’s Bitkub deal shows that crypto markets are becoming mainstream for banking

SCB is the original: Thailand’s first bank ... seen DBS launch a digital asset exchange with crypto (both trading and custody) among its pillars. Singapore’s UOB is collaborating with a local digital ... ( read original story ...)

Posted on 03/11/2021

Athletics: Standard Chartered Singapore Marathon to welcome up to 4,000 runners in person

All who intend to race in person must be fully vaccinated or pass a pre-event test.. Read more at straitstimes.com. ( read original story ...)

Posted on 03/11/2021

Singapore banks cautiously upbeat as profit beats estimates

SINGAPORE: Two of Singapore’s largest lenders struck a cautiously upbeat tone after profit in the third quarter beat forecasts driven by gains on fees from lending and wealth, and lower provisions for ... ( read original story ...)

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