Singapore
DBS achieves record-high Q1 profit of S$2.96b
Dividend is SGD 54 cents per share for the quarter.
MAS not extending pause on DBS’ non-essential activities
DBS will still keep the 1.8x multiplier in risk weighted assets, however.
Transport Minister Chee Hong Tat joins MAS Board of Directors
Chee will serve three years from 1 June to 31 May 2027.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
Standard Chartered launches open banking marketplace with over 100 APIs
Clients can discover, identify, and test APIs in a sandbox environment.
Citi names Amit Dhawan as head of CCB Singapore
Dhawan has been head of emerging corporates for Asia since 2017.
Fintech Qashier clinches in-principle approval for a MPI license from MAS
Qashier had been operating under an exempted framework for the past 5 years.
Maybank Singapore unveils online investment service for as low as S$200
From now until 30 June, the sales charge for the first $2,000 will be waived.
Maybank offers financial package for registered charities
They offered the first recyclable grant in Singapore.
HK-based fintech KPay expands operations to Singapore
The firm plans to triple its merchant base in Singapore to over 10,000.
DBS and OCBC expected to deliver steady Q1 net profits
Their net interest margins will ease as a result of their Hong Kong loans.
SC Ventures, ENGIE Factory back conservation financing venture
The venture is expected to launch this year.
Thailand’s SCB, SCG offers green loans for net zero buildings
The loan will help entrepreneurs transition their buildings to net zero structures.
Financial firms lead LinkedIn’s top companies in Singapore
LinkedIn unveils companies list where professionals advance the most.
OCBC’s green car loans surged sixfold as new EV brands pique buyers
Loan demand for used EVs rose 30 times compared to launch, the bank said.
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Technology to underpin future of financial services
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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