Singapore
Limited oil and gas exposure cuts Singapore banks' bad loans in Q1
Limited oil and gas exposure cuts Singapore banks' bad loans in Q1
New NPL formation eased for DBS by 63%, 24% for OCBC, and 1.9% for UOB.
Wealth management fees buoy Singapore banks earnings in Q1
DBS, OCBC, and UOB all registered double-digit growth in fee income.
UOB to offer cloud-based solutions for SMEs
UOB BizSmart can help businesses automate administrative processes.
Weekly Global News Wrap Up: BNP Paribas profit falls 17% in Q1; BofA pushes for cashless payments
And Greece's top banks would lose $18.6b of capital under stress.
OCBC rolls out $20m digital upskilling programme
The OCBC Future Smart Programme will be available for the bank’s 29,000 employees across the world.
DBS non-performing loan formation hits 4-year low in Q1
New NPLs declined 63% to $195m.
Singapore banks poised for widening NIMs
DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.
Singapore urges caution against intensified phishing attempts
Some emails are claiming to come from the central bank itself.
OCBC profits up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
Open API is just the beginning
It might seem as though vertical division of labor and horizontal disintegration have already proliferated enough.
Bank of Singapore bullish on Middle East prospects
AUM in Dubai grew about 30% from its launch in 2016.
UOB profits jumped 21% to $978m in Q1
Higher incomes from interest and fees and commissions boosted quarterly earnings.
ANZ acquisition buoys DBS' loan and fee income figures in Q1
Loan growth rose 10%.
UOB partners with coworking operators to offer rental discount to startups and SMEs
The discounts will cover 33 coworking spaces owned by five Southeast Asian firms.
Weekly Global News Wrap Up: RBS to cut 792 jobs and 162 branches; Nordic banks' shares plunge in Q1
And Deutsche Bank may also axe 10% of its US workforce.
Emerging Asia is leading the global corporate banking charge
CAGR from 2009 to 2016 clocked in at 12%.
Singapore bank lending up 5.4% in March
Thanks to sustained demand for home and corporate loans.
Thought Leadership Centre
Most Read
1. DBS to hire over 500 young talent in 2026 amidst AI push 2. MAS revokes BSQ payment licence over false disclosures and risk failures 3. Grab takes control of Indonesia’s Superbank via GXS transfer 4. HK banks to gain on IPO surge and stabilising property market 5. HSBC deploys $4b for Chinese clean energy firms seeking overseas expansionResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance