Singapore
Singapore wholesale digital-only bank Green Link Digital Bank debuts
Singapore wholesale digital-only bank Green Link Digital Bank debuts
The wholesale bank targets micro, small, and medium enterprises.
Oxford Sustainability Finance Group founding director to join DBS board sustainability committee
Dr. Ben Caldecott is the first professor in sustainable finance at the University of Oxford.
CIMB Singapore rebrands Change Alley Mall to CIMB Plaza
The bank’s new centre has been refurbished with lounges for affluent banking clients.
How Citi’s hiring spree sets into motion its $150b new AUM goal by 2025
The bank looks to hire 1,500 new employees in Singapore alone and triple AUM.
Guilty! Majority of Singaporeans believe their banks are greenwashing
Around half of consumers enjoy the availability of green financial services.
MAS to explore digital assets use cases with Project Guardian
The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.
MAS slaps S$330m add'l capital requirement at OCBC after phishing fiasco
The review found deficiencies in the bank’s risk mitigation and incident management.
Bank of Singapore appoints global head of investments
Robert Reid has 30 years of legal, consulting, and financial services experience.
OCBC invests S$25m to reduce carbon footprint in operations
The bank plans to retrofit its buildings with solar panels.
Grab unveils new financial brand GrabFin
It also rolled out its investment product, Earn+, with a projected yield of up to 2.5% per annum.
Singapore fintech talents record 2nd highest turnover rate globally: study
Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.
Payments platform YouTrip unveils YouBiz offering zero FX fees and unli cashback
YouBiz is also launching a credit facility offering flexible financing to SMEs.
Airwallex rolls out virtual borderless card in Singapore
Businesses will be able to transact in more than 140 currencies and wherever Visa is accepted.
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
Singapore banks report lower earnings in unison
DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.
UOB profits down 11% to S$906m in Q1 amidst market volatility
Loan fees grew, but credit card and wealth fees recorded declines.
OCBC reports S$1.36b net profit in Q1
Profits were 10% lower than last year, but 39% higher than Q4 2021.
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1. UOB upgrades 300,000 Visa cards to new premium tiers across ASEAN 2. Asia plays part in $129t global credit market pool 3. HSBC and EPAA launch agentic payments working group 4. UOB Private Bank names Judy Chan as Hong Kong managing director 5. Allianz buys HSBC Life Singapore for $2.1bResource Center
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Commentary
Asia plays part in $129t global credit market pool
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind