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.
Credit Bureau Asia launches IPO of 30m shares
These will value at $0.93 per share.
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.