Financial Services

Singapore bank loans down for fifth straight month

Singapore bank loans down for fifth straight month

Demand-supply conditions for loans remains soft going into Q4, says OCBC Treasury Research.

OCBC adopts Equator Principles

This strengthens its environment and social (E&S) risk management disclosure.

MSIG Singapore pilots plan for gig workers

The policy starts from $6.89 for a weekly basic plan.

MAS to grant non-bank financial institutions access to FAST, PayNow

Beginning February 2021, NFI e-wallet users will be able to make real-time transfers to banks.

MAS orders removal of EH-REIT manager

The order follows a notice of intention issued on 26 October.

Aviva, Singlife complete merger

It is claimed to be the country's largest insurance deal at $3.2b.

HSBC Singapore reopens Jade Centre at Jewel Changi Airport

It is the final phase of HSBC's gradual resumption of operations.

American billionaire Ray Dalio to open Singapore family office

Asian family offices have surpassed global peers due to Chinese stocks.

GIA Singapore pilots new motor accident report platform

It has new features, including contactless authorisation and cashless payment.

DBS disburses record $9m in SE loans, grants

It's the bank's largest disbursement of SE loans, grants within a year.

MAS, IBF roll out measures to boost jobs in finance

The regulator will cover up to $1,000 of stipend under their internship programme.

NTUC Income amps up travel insurance offering

It will grant COVID-19 coverage for overseas travel.

UOB to issue €1b covered bonds due 2027

This is the first euro-covered bond in Singapore in two years.

OCBC pilots increased green finance framework for SMEs

SMEs will no longer need to develop frameworks prior to applying.

MAS unveils loan grant to help corporates obtain green financing

The grant offers up to $180,000 coverage of expenses.

EZ-Link pilots enhanced mobile wallet

This is in connection with a brand refresh.