The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023. Singapore has long set its sights on making the crown the world’s greenest city; and its ...
Olam Agri’s Singapore-Saudi $1 billion dual listing may launch as early as June – sources
Agri-food giant Olam Group aims to launch in June the dual initial public offering (IPO) of its agricultural unit that could raise up to $1 billion in Singapore and Saudi Arabia, two sources with ...
Condom Maker Surges 23% in Mumbai Debut After a $529 Million IPO
Mankind Pharma Ltd. rallied 32% on its first day of trading in Mumbai after raising 43.3 billion rupees ($529 million) in one of India’s largest initial public offerings of the year.
MAS details information-sharing platform among banks to combat financial crime
A bill proposing amendments to the Financial Services and Markets Act was read for a second time in Parliament on May 9.
Best Fixed Deposit Rates in Singapore 2023—DBS, UOB, HSBC & More
Here are the best fixed deposit rates in Singapore 2023 for a 3-month commitment period. Minimum deposits start as low as just $500 for an interest rate of 3.65% p.a.! ICBC (3.65% p.a.—$500 for 3 ...
MAS to build new information-sharing platform for banks in Singapore to combat financial crimes
Parliament passed a Bill paving the way for the launch of a digital platform for financial institutions in Singapore to share information on suspicious customers or transactions.
Singapore to allow banks share client data to fight crime
Singapore banks will be able to share information on potentially risky clients next year, a move aimed at curbing illicit flows amid the city-state’s rise as a key financial and wealth hub.
Singapore’s DBS considers plans to expand presence in Dubai
Singapore’s DBS Bank, one of the biggest lenders in Asia, plans to boost its presence in Dubai and use the emirate as a hub to better access other markets and source business in the broader Middle ...
Blackstone’s Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Standard Chartered expands its partnership with Tazapay
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Virtual Banking: Singapore’s OCBC Digital Silvers Program to Equip Elderly with Modern Financial Skills
OCBC Bank will be ramping up its Digital Silvers program with the aim of upskilling 2,000 elderly customers from now until the end of the year.
Wealth Summit Latest: HSBC Expanding Business in Asia, London
The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.Most Read from BloombergPowell’s Bet ...
Singapore Wealth Fund Sees More Growth in Fintech After Downturn
Singapore’s sovereign wealth fund said it still sees more growth in the financial technology sector, even after a downturn that’s sent startup valuations plummeting as investors turn away from riskier ...
Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on May 9
As per the regulatory filing on Monday, Nexus Select Trust has raised Rs 1,440 crore from anchor investors, which included many mutual fund and insurance companies.
Najib’s trial: Ex-banker says 1MDB’s US$2.3b ‘investment’ had zero economic benefits, only to prevent fraud detection
Swampillai agreed that this US$2.318 billion purported investment had absolutely “no benefit” to 1MDB, and agreed with the benefit of hindsight that it was to carry out further fraud by evading ...
Standard Chartered expands partnership with Tazapay
In a bid to provide curated financial services on B2B platforms, Standard Chartered and Tazapay have teamed up. Source: Supplied. Tazapay's Rahul Shinghal, Arul Kumaravel, and Saroj Mishra. The global ...