Financial Services

3 things that offset DBS' flat NIMs

It managed to stay at 1.74% due to softer HIBOR.

3 things that offset DBS' flat NIMs

It managed to stay at 1.74% due to softer HIBOR.

DBS chief says O&G woes could still impact Singapore banks

Costs in O&G support service sector will persist with low oil prices.

Fintech platform Fundnel expands to Australia

They aim to build their presence in key cities like Sydney, Melbourne and Perth.

DBS completes migration of ANZ's wealth and retail business

It was successfully conducted on August 5 and 6.

MAS seeks feedback on deposit insurance scheme

This insures Singapore dollar deposits held at a full bank.

DBS net profit up 8% to $1.14b in Q2

The strong growth in loans boosted the group's income.

OCBC targets $3b housing loans in Singapore

Housing loans helped it achieve an 11% growth in lending.

Singapore fintech investment rises despite drop in deal volume

For the past quarter, fintech investment reached US$61.5m.

DBS, Xero unveil bank feed integration for SMEs

This links SME bank accounts to the cloud accounting platform.

MAS to regulate digital tokens under one condition

This is if they constitute products regulated under the SFA.

UOB's fee income rises 9% in Q2

On the back of rising credit card, fund, and wealth management fees.