SINGAPORE: The Monetary Authority of Singapore (MAS) has issued a five-year prohibition order (PO) against Alan Tay Yeow Kee, a former vice-president of CIMB Bank Bhd. The order will prohibit him from ... ( read original story ...)
VTB claims repayment from Singapore’s AnAn over En+ shares
Singapore's AnAn Group said on Monday it was seeking legal advice after receiving a claim from Russia's VTB Bank to repay $170.4 million in relation to the purchase of shares in En+ Group last year. V... ( read original story ...)
Singapore’s DBS second quarter profit rises 20 percent, misses market estimates
The Singaporean bank's net profit came in at S$1.37 billion (766.66 million ... according to Thomson Reuters I/B/E/S. Analysts say an easing of Singapore's economic growth amid an international trade ... ( read original story ...)
Singapore bank lending in June grows at fastest pace in 7 months
SINGAPORE - Bank lending in Singapore rose at its fastest pace from a year ago since November, driven by a sharp increase in business loans, preliminary data from the Monetary Authority of Singapore s... ( read original story ...)
Singapore bank aims to speed up car financing via online marketplace
United Overseas Bank (UOB) is offering an online financing service via e-marketplace Carousell, with the aim to speed up the application process for car loans. Available to car buyers at seven dealers... ( read original story ...)
Property curbs prompting developers, especially smaller players, to rethink strategy: Experts
SINGAPORE: The halting of an en bloc purchase by Tee Land reflects the turn in sentiment among property developers in Singapore who have begun redoing their sums on the back of the latest cooling meas... ( read original story ...)
The 99.co Property Report for 2Q 2018 (and 3 Key Takeaways)
Curious about what a million dollar HDB flat looks like? Check them out on Singapore’s largest property portal. For more stories on the property market in 2Q 2018 and beyond, stay tuned and subscribe ... ( read original story ...)
How Did Keppel Corporation Limited’s Property Business Fare In The 2018 Second-Quarter?
We can see from the table that the Property division had a mixed quarter with weaker revenue but higher profitability. To start with, revenue more than halved mainly due to lower revenue from Singapor... ( read original story ...)
DBS bank’s online property marketplace may mean Bankers’ jobs are at risk
The bank is uniquely well-placed in the marketplaces space as it banks most of Singapore – five million retail customers and six in 10 SMEs bank with DBS. Image credit: iCompareLoan.com This enables D... ( read original story ...)
Federal Bank gets RBI nod to open offices in Bahrain, Kuwait and Singapore; awaits local clearances
Mumbai: South-based private sector lender Federal Bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore, but is awaiting local clearances before it starts operations, a ... ( read original story ...)
OCBC Bank Reduces Teller Jobs by Half
Singapore’s OCBC Bank will see half of its bank tellers upskilled to perform higher value-added financial services as it installs the latest ATMs and digital service kiosks at 35 of its branches by 20... ( read original story ...)
The 3 Best Kept “Secrets” in the Singapore Property Market
Have you come across a hidden gem in the property market shared by someone from the industry? Did anyone tell you that he knows the best kept secret about a high return investment project? When was th... ( read original story ...)
Federal Bank Gets RBI Nod to Open Offices in Bahrain, Kuwait, and Singapore
Mumbai: South-based private sector lender Federal Bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore, but is awaiting local clearances before it starts operations, a ... ( read original story ...)
Apple investigating reported fraudulent iTunes transactions in Singapore
Apple is investigating reported fraudulent iTunes purchases that have led to deductions in Singapore bank accounts. In response to an email query from Yahoo News Singapore, Apple said on Sunday (22 Ju... ( read original story ...)
Bank of Singapore announces new strategic hires for Hong Kong management team
SINGAPORE (July 19): Bank of Singapore (BoS) has expanded its Hong Kong branch management team with the appointment of three industry veterans as market heads and head of risk. In a Thursday announcem... ( read original story ...)
Mortgage market may be temporarily boosted from July rush for properties
Singapore’s largest bank, DBS, said that mortgage market may get a temporary boost in July from the last minute rush to buy properties before the new property cooling measures set in. Barely an hour a... ( read original story ...)