Financial Services

Chart of the Day: Can Singapore banks handle credit growth in 2018?

Loan/deposit ratios remained below 100%, allowing the banks to accommodate credit growth.

Chart of the Day: Can Singapore banks handle credit growth in 2018?

Loan/deposit ratios remained below 100%, allowing the banks to accommodate credit growth.

Daily Briefing: Carousell to launch digital wallet; Singapore-grown SEA's e-commerce losses doubled

And here's what you could have missed on Noble's debacle with shareholders and creditors.

Australian bank inquiry could cut 8% of the country's finance jobs

Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.

Indonesia eyes tighter fintech regulations to curb loan shark activity

Fintech firms will be compelled to be registered with authorities.

Japanese banks reportedly mulling joint ATMs to cut massive losses

Declining loan demand is squeezing the profits of the country's lenders.

Bad loans bog down Indian state banks with $1.4b loss in Q4

The banking sector is saddled with a massive $210b in problematic loans.

Chart of the Day: DBS, OCBC, and UOB Q1 loan growth up 5%-10%

Domestic loan growth was higher across all three banks compared to the last quarter.

Singapore invites new business models for moneylending

It will issue licenses for up to 16 outlets that will implement their business models.

Chart of the Day: OCBC and UOB's domestic bad loans dipped in Q1

Moody's said this could boost their asset performance in the coming quarters.

AIA unveils medical case management package

A partnership with Medix makes the plan available to the insurer’s 230,000 policyholders.

Wealth management fees buoy Singapore banks earnings in Q1

DBS, OCBC, and UOB all registered double-digit growth in fee income.

UOB to offer cloud-based solutions for SMEs

UOB BizSmart can help businesses automate administrative processes.

UOB buys 28.66% stake in Hoe Leong for $18.52m

The spare parts distributor is going through financial restructuring.

How can blockchain unblock Thai banks' trade finance slump?

Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.

Here's how UOB plans to raise returns

Its return on equity could only hit 12% if its net interest margin maintains an upward trend.

2 in 5 Singaporeans open to going cashless for up to three days: study

Residents are carrying less cash as they turn to card and contactless payments.

Banks poised for widening NIMs

DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.