Financial Services
Fintech startup C88 bags US$28m from Series C funding
It operates financial marketplaces in Indonesia and the Philippines.
Fintech startup C88 bags US$28m from Series C funding
It operates financial marketplaces in Indonesia and the Philippines.
Is branch banking still relevant as lenders migrate their services online?
Overall, there will be lower demand for office space allocated for bank branches, according to an analyst.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
Singaporeans ditch bank visits to go mobile
Mobile banking usage has now overtaken branch visits by 15%.
Vietnamese banks grapple with $9b capital crunch as lending outpaces capital generation
Tier 1 Capital ratio could fall from 9.4% to 8% by 2019.
Thai banks weather digital fee waiver after profits climb 21% to $963m in Q2
Krung Thai Bank’s net profit more than doubled to $230.08m.
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
Chinese banking regulator releases long-awaited draft rules for banks' WMPs
CBIRC urged banks to manage WMPs based on net value.
MAS warns stolen SingHealth data could be used in bank fraud
Financial institutions are discouraged from relying on the stolen information for customer verification.
Are property marketplace players threatened as DBS comes after their customers?
The bank has small service providers rattled with the launch of its online property marketplace.
MAS slaps former Great Eastern Life rep with 4-year service ban
Chan Seet Fun misappropriated client monies worth $12,900 to pay personal debts.
DBS rolls out online property marketplace
It will aid buyers to assess their 'affordability' range based on their cash flow.
OCBC appoints Melvyn Low as Head of Global Transaction Banking
He was previously ASEAN and Singapore Head of Treasury and Trade Solutions at Citibank N.A.
Former ZALORA Group CEO Michele Ferrario to speak at SBR's Hottest Startups Panel Briefing 2018
He will discuss how startups can unlock capital for their growth requirements.
Incomlend Director to grace SBR's Hottest Startups Panel Briefing 2018
Dimitri Kouchnirenko will discuss how startups can balance cost and profitability.
Bank tellers are out, digital service kiosks are in for OCBC
By 2020, OCBC will cut half of its bank tellers and will replace them with its latest ATMs and digital service kiosks.
Singapore banks turn to China's wealthy to offset slumping stock markets
Some banks are looking to establish family offices to serve Chinese entrepreneurs; as a sizeable proportion will look to transfer their wealth to the...
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