Financial Services
DBS chief says O&G woes could still impact Singapore banks
DBS chief says O&G woes could still impact Singapore banks
Costs in O&G support service sector will persist with low oil prices.
Fintech platform Fundnel expands to Australia
They aim to build their presence in key cities like Sydney, Melbourne and Perth.
DBS completes migration of ANZ's wealth and retail business
It was successfully conducted on August 5 and 6.
MAS seeks feedback on deposit insurance scheme
This insures Singapore dollar deposits held at a full bank.
DBS net profit up 8% to $1.14b in Q2
The strong growth in loans boosted the group's income.
Chart of the Day: Singapore's money supply up 8.2%
But yearly expansion could ease to 5.3%.
UOB's operating costs up 7.3% to $1.95b
Due to IT-related expenses.
OCBC targets $3b housing loans in Singapore
Housing loans helped it achieve an 11% growth in lending.
Daily Briefing: 3 things to do before buying your first home; SPH sets up freelance services venture
And here's what you need to know to improve your credit score.
Singapore fintech investment rises despite drop in deal volume
For the past quarter, fintech investment reached US$61.5m.
DBS, Xero unveil bank feed integration for SMEs
This links SME bank accounts to the cloud accounting platform.
MAS to regulate digital tokens under one condition
This is if they constitute products regulated under the SFA.
UOB's fee income rises 9% in Q2
On the back of rising credit card, fund, and wealth management fees.
OCBC's non-performing loans ratio to rise to 1.5%
Troubles from the oil & gas segment are not yet over.
Singapore business loans up by 10.5% in June
It’s the highest growth since October 2014.
UOB loans expected to grow 4.5%
This will push net interest income to grow 8%.
iFAST profit soars 93% to $2.2m on Q2
The company's assets in three countries hit a record $6.81b.
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