Financial Services
What has been mitigating Singapore banks contracting NIMs?
The three banks have been registering higher LDRs.
What has been mitigating Singapore banks contracting NIMs?
The three banks have been registering higher LDRs.
DBS' trading income at the most risk among the big three
Its value at risk is about 3 times that of UOB.
Chart of the Day: Check out Singapore banks’ plummeting customer yields
They’re hovering just below the 1% level.
UOB stocks the highest gainer among big three in early September
Overall gain sits at 3.6%.
China bank demands US$19.5 repayment from Novo Group
It would have to be settled on Sept. 12.
Singapore banks to hold their grounds amidst O&G fiasco: MAS Chief
Local exposure is only about 6%.
Singapore banks scratch and claw to maintain lending volume as they tone down China lending
Greater China lending by DBS was down to 30%.
Chart of the Day: Here’s proof that Singapore loan growth is outpacing system lending growth
All three banks outpaced the system itself.
Singapore's Central Provident Fund emerges 8th in global fund rankings
Total assets amount to $287 b.
Barclays to cut 100 jobs in Singapore
Functions will be relocated in India.
ShowFX Asia Financial Conference to take place in Singapore
It will be on September 17.
Daily Briefing: Singapore beats Hong Kong in fintech; How Indonesian tax amnesty affects Singapore's property prices
And check out four financial mistakes of Singaporean women.
OCBC raises Pay Anyone fund transfer limit to $1,000
Security token and recipient’s bank account are also no longer required.
Asia's hunger for alternative finance
After the global downturn that followed 2008, Small and Medium Enterprises (SMEs) emerged as one of the pillars of the economy, withstanding turbulent...
No easing of property curbs with tweaks in refinancing rules, MAS says
But it would be positive for domestic housing market.
DBS dodges bullet from AusGroup's recent loss
Its NIM is seen to widen most with US rate increase.
Daily Briefing: MAS increases debt servicing flexibility; Kickstarter kicks off in Singapore
And Singapore is the region’s 5th priciest business travel location.