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BEYOND partners with OneConnect to create digital banking services in Singapore
BEYOND partners with OneConnect to create digital banking services in Singapore
OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.
DBS closes first trade finance deal on TFP worth $4.8m
SMEs can access trade finance solutions from different banks in a single platform.
Hong Leong Bank exceeds forecast with $330m net profit in H1 2020
Provisions declined with Q2 2020 net credit cost at 5bp.
Krung Thai Bank faces headwinds over sluggish loan demand
Net loan growth rose 0.9% in January versus a 1.6% increase in December.
DBS launches portfolio advisory tool for managing investments
It generates an assessment of a client’s portfolio in less than five minutes.
UnionBank launches forex mobile platform
Customers will be able to access forex rates throughout the day.
UnionBank launches forex mobile platform
Customers will be able to access forex rates throughout the day.
CIMB Singapore announces new measures for coronavirus-hit firms
Tourism-related firms are eligible for a $1m loan with a 5% interest rate.
Goldman Sachs pleads not guilty in 1MDB bond sales fraud
The bank is accused of misleading investors on $6.5b in bond sales.
Singapore central bank warns of fake calls impersonating staff
It stressed that it would never ask the public for personal or bank information.
HSBC targets overseas-minded customers with $1.4t wealth unit
They plan to focus on mortgages, wealth and insurance products, and unsecured lending.
DBS converts $758m bank guarantee facility into green facility
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.
DBS Group prices $1.4b issue at 3.3%
The deal is said to bear the lowest coupon for any AT1 USD deal in the world.
CIMB Singapore launches virtual account for businesses
It digitises companies’ cash flow.
UOB's net profits up 8% to $3.08b in FY2019
A final dividend of $0.39 (S$0.55) and a special dividend of $0.14 (S$0.2) was as recommended.
UOB to launch digital bank in Indonesia
TMRW is on track to be marginal profit positive in five years.
DBS to give abridged Q1, Q3 financial disclosures
These updates will supplement the half-year and full-year reports.
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