Financial Services
CIMB Singapore customers protest mortgage hike
More than 60 customers now comprise the group.
Risk-averse investors push Singapore bank deposits up
Foreign currency deposits skyrocketed to $27b in April.
OCBC to reduce salary credit bonus interest
The bank will also stop offering the credit card spend bonus interest.
Starhill Global REIT management prices $100m notes at 3.15%
It will be issued under Starhill Global REIT’s multicurrency debt programme.
Financial education vital for SMEs to stay afloat amid and beyond the Covid-19 outbreak
Government support is helpful, but firms should know all financing options available to them.
Circuit breaker spells downturn in loan growth
Consumer loans were mostly affected, shrinking 0.9% MoM, OCBC said.
AXA, therapeutics firm Naluri roll out digital health coaching platform
It is focused on the client's mental well-being.
Citi Singapore extends work from home setup until July
Majority of its 8,500 staff are working remotely.
Almost three-fifths use mobile payments as contactless cards maintain hold
62% expect that their mobile payment usage will increase next year.
MAS commences first phase of AI adoption initiative
The consortium is developing a fairness metric for credit scoring and customer marketing.
Investors flocking to IFCs for assets: study
Almost half of institutional investors are already benefiting from using one.
NUS raises $300m through maiden green bond
It will finance projects under its Green Finance Network.
Singapore's Fintech market in 2020: coronavirus and new business realities
Businesses around the world have taken a major hit in the wake of the COVID-19 pandemic and Singapore is not an exception. Fortunately though, as many...
Stable playing field a gain for Singapore banks: report
High credit costs can be covered by profits.
DBS approves loans worth $1.1b for micro, small businesses
Interest rates of Enterprise Singapore financing schemes averaged 2-3%.
New life insurance business premiums up 10% in Q1
More consumers take action to secure their financial future in view of COVID-19.
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