Financial Services

SG banks exposure to Europe, Russia 'minimal': UOB Kay Hian

The direction for the share prices of banks will depend on the progress of peace talks.

SG banks exposure to Europe, Russia 'minimal': UOB Kay Hian

The direction for the share prices of banks will depend on the progress of peace talks.

DBS prices $2.05b fixed rate bonds at 2.375% due 2027

DBS Bank Ltd. will serve as the sole global coordinator of the bonds. 

UOB to issue $2.25b covered bonds

The bonds are part of the Global Covered Bond Programme.

Cash is the best investment in 2022 for 33% of Singaporeans

This is because cash is seen as a safe investment amidst the uncertainty in the market.

SGX bars trading of Russian Gazprom GDR

This follows MFA's call to cease transactions with entities owned by the Russian government.

SGX-backed ADDX designates new CEO

The new CEO projects ADDX total transactions will reach $1.36b by 2023.

Financial institutions on the lookout for risks arising from Russia

Local FIs are reportedly taking appropriate measures to manage risks, says MAS.

Government to block certain Russian banks, financial transactions

It is also imposing export controls on items that can be used as weapons.

UOB to facilitate $3.3b pipeline of investments in Vietnam

This is expected to create 13,000 jobs in the country.

Sabana Industrial REIT bags $150m sustainability-linked loan from HSBC

It comprises a 4-year tranche of $75m and a 5-year tranche of $75m.

Singapore banks’ asset quality to be hit by prolonged Ukraine invasion

Risks related to Russian energy exposure remain the biggest issue for global markets.

Great Eastern posts 16% increase in net profit in 2021

This translates to a total net profit of $1.1b.

Scammed? OCBC Bank clients can activate 'kill switch' to freeze accounts

This includes access to current/savings accounts, ATMs, debit/credit cards, and digital banking.

Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21

Among the reasons for the decline is the weaker non-intertest income of banks.

MAS, IBF list 12 skills and competencies needed in sustainable finance

It covers four thematic and right functional knowledge topics.