Financial Services
Investments flood Singapore fintechs in April, May after quiet Q1: study
Total equity funding reached a record-high $462m.
Investments flood Singapore fintechs in April, May after quiet Q1: study
Total equity funding reached a record-high $462m.
OCBC is APAC's top lead arranger of green loans from 2018 to 2020YTD
Singapore’s OCBC and DBS accounted for $5.47b of such loans.
Singapore investment banking fees plummet 49.4% in H1
Fees from completed M&A, ECM, DCM, and syndicated lending all registered declines.
Soilbuild REIT secures maiden $80m green loan
The loan will finance its Solaris@one-north project.
OCBC upgrades green finance portfolio target to $25b by 2025
It has already surpassed its $10b target for 2022 in Q1.
UOB reopens seven more branches
These banks are located in high footfall retail areas.
Retail investors more sceptical about the finance sector: study
The industry’s trusting plunged 11 points to 36% this year.
AMTD, Xiaomi, SMU and NUS launch digital finance leadership programme
AMTD and Xiaomi will contribute $5m to support the programme.
Fintech iLex closes seed funding round
It will create an all-to-all e-market to boost liquidity and efficiency of corporate loans.
One in five Visa cardholders buying online for the first time
Majority won’t revert back to using cash even after the pandemic is over.
Digital bank aspirants cut to 14: MAS
They are asked to update their business plans and financial projections.
AIA Singapore's remote staff to receive $1,000
The insurer will also allow flexibility in working arrangements.
Enterprise Singapore pledges to help firms as circuit breaker eases
Its hotline was deluged with thousands of enquiries from 3 April to 15 June.
Singapore's finance professionals pin market volatility on sentiment
Three-quarters indicated recession as a top concern.
Almost half of Singaporeans prefer online payment methods: study
PayNow is the top choice for 18.2% of surveyed consumers.
GoBear, Chubb to pilot work from home insurance product
The policy offers protection against accident, health, and cyber security risks.
Financial institutions may reopen branches, resume in-person meetings: MAS
They must implement all safety measures and maintain a record of meetings.
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