Financial Services
MAS' environmental risk initiative a positive for banks: Fitch
MAS' environmental risk initiative a positive for banks: Fitch
Sustainable financing amounted to around 2-3% of the big three's 2019 loan portfolios.
AMTD, SFA to prop up country's fintech firms
SFA will be a permanent member of AMTD's SpiderNet network.
MAS-led Project Ubin Phase 5 shows commercial capabilities
The prototype successfully settled multicurrency transations on the same network.
Weak operating environment spells trouble for Singapore banks
More than half of the big three’s loans are exposed to at-risk overseas markets.
MAS, CAD issue joint probe on Citadelle, Senjo over Wirecard mishap
Both firms are also being probed over carrying on a trust business without a licence.
Singaporeans to pursue online banking even after the pandemic: survey
This includes older Singaporeans who have adapted to more online services.
Deutsche Bank approves US$25m green loan for rubber franchise Halcyon
It will be used for the maintenance of the company’s plantations.
Eight in 10 SMEs in ASEAN rely on technology for cash flow woes
Technology is the top investment priority by most of the respondents.
85% of Singaporeans keen to explore cash equivalent options with higher yield
This is despite their little exposure to similar money market products before.
Cisco unveils 0% interest financing programme
The programme is said to provide SMEs access to technological enablers.
ZEDRA acquires BNP Paribas Singapore Trust
It will be renamed to Zedra Trustees (Singapore) Limited.
UOB Asset Management opens Taiwan's first S-REIT fund
This aims to help retail investors seek income growth amid low interest rate environment.
MAS, local police investigate Wirecard's local operations
The regulator is also working with foreign agencies for cross-border transactions.
Great Eastern, Doctor Anywhere pilot protection plan for the self-employed
Premiums start for as low as $0.73 a day.
Singtel pilots insurance savings plan on Dash mobile app
Dash EasyEarn offers 2% p.a. returns for the first policy year.
Majority of banks ready to trade SORA derivatives, says committee
Banks including OCBC and DBS have already made their first SORA-related activities.
Great Eastern injects $97m into Axiata's digital finance service business
Great Eastern will take a 22% stake in Axiata-owned Boost Holdings.
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