Financial Services

7 May 18
CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.
7 May 18
The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.
7 May 18
Intense shadow banking crackdown has reinvigorated on-balance-sheet activity.
7 May 18
And another Singapore-based blockchain network has breached the US$1b market cap.
6 May 18
The industry’s unregulated nature renders investors vulnerable as revealed by a massive S$6.9m fraud case.
4 May 18
It attributed the growth to higher profit from its Singapore insurance business.
3 May 18
Lim Fang Wee hid the identity of the owner of 3 accounts from the bank.
3 May 18
Its record high earnings were boosted by higher incomes from interest and fees and commissions.
2 May 18
Banks with $20b OTC derivatives will be required to clear their trades through regulated counterparties.
2 May 18
Profitability is set to suffer but cleaner balance sheets will produce benefits in the long-run.
2 May 18
CAGR from 2009 to 2016 clocked in at 12%.
2 May 18
Its net foreign position weighed on the growth of both public and private credit.
2 May 18
And here's what could happen when the 99-year lease of HDB units expire.
1 May 18
Thanks to sustained demand for home and corporate loans.
1 May 18
The facility will focus on fintech, blockchain, and AI for 20,000 startups and institutions.
1 May 18
Its smart API platform is complemented by a machine learning engine.
30 Apr 18
Net interest margin rose 9 bps due to a strong Singapore dollar.
27 Apr 18
It launched a public consultation for 3 guidelines that FIs should follow.
27 Apr 18
Applicants need to furnish a “Fast Track” document to be recognised as fintech.
26 Apr 18
The service was simultaneously launched in Australia and Hong Kong and will be rolled out to Taiwan later this year.
26 Apr 18
Additionally, the two countries also revised a partnership on banking supervision.
26 Apr 18
The platform, which has been tapped by Alibaba and Baidu, previously raised US$63m from initial funding.
26 Apr 18
About 780,000 of them filed tax returns electronically.
25 Apr 18
He has been the deputy managing director of OCBC Securities since 15 March 2018.
23 Apr 18
ACU loans grew 14% in February and are now driving overall loan growth.
23 Apr 18
Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.
20 Apr 18
Over 200,000 corporate and SME clients will be able to use the service.
20 Apr 18
Rising property loans and household indebtedness may pose problems for banks’ balance sheets soon.
20 Apr 18
MAS supports the initiative to o help arrest the decline in correspondent banking relationships.
19 Apr 18
Banks are set to benefit from rising loans which grew 10%, as well as higher SGD and USD interest rates.
19 Apr 18
Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.
18 Apr 18
Its Series B funding round was led by Softbank Ventures Korea and Sequoia India.
18 Apr 18
CCB and AIA collaborated to offer blockchain-powered bancassurance products.
18 Apr 18
Approximately 55-80% of customers are considering opening an account in a digital-only bank.
18 Apr 18
The region has attracted more fintech investments than North America and Europe.
18 Apr 18
Mobile banking has grown at least twofold in Emerging Asia to outpace other e-banking types.
16 Apr 18
Property owners and developers are the initial target clientele.