Finance companies to crank up game as digibanks target SME turf
HAVING enjoyed some lift in their business following relaxed financing rules in 2017, finance companies may have to brace for a tougher fight defending their turf in their core small and medium-...
China digibank players are old hands in search of fresh pastures
THE influx of Chinese players coming in to compete in the wholesale banking space is no surprise, given China's headstart in the digital banking scene, and the fact that many of them are looking...
SBF's digibank bid raises impartiality question; SMEs hope for more financing help
THE Singapore Business Federation (SBF) announced over the weekend that it will be making the leap into digital banking - an unusually bold move for a chamber known for its conservative approach...
SBF, MSIG to join Ron Sim's V3 group in Singapore digibank race
IN a surprise twist, the Singapore Business Federation (SBF) will be joining a consortium, led by Ron Sim's V3 Group and stored-card operator EZ-Link, that is gunning for the digital full bank...
Singapore bank lending up 0.5% in Nov from Oct
BANK lending rose 0.5 per cent in November from October, easing slightly from a 0.7 per cent increase in October, preliminary Monetary Authority of Singapore data showed on Tuesday.
Life after Permata: What's next for Singapore banks in their M&A strategy?
SINGAPORE'S Big Three banks are likely to persist in their quest for growth in the coming year through potential mergers and acquisitions (M&A), even as OCBC and DBS recently bowed out of the...
'Sizeable' gap between Singapore wealth aspirations and reality: StanChart study
FOR Singapore's wealthy, it seems that too much may never be enough.
Goldbell Group launches private debt investment platform to drive growth in local companies
LOCAL vehicle leasing giant Goldbell Group announced the launch of its private debt investment platform Goldbell Evolution Network (GEN) on Friday which seeks to offer yields of between 5-12 per...
Ron Sim's V3 Group eyes digibank bid with EZ-Link, FEO, Heliconia
RON Sim's V3 Group is believed to be in talks with stored-value card operator EZ-Link, property group Far East Organization and Temasek-owned Heliconia Capital to form a consortium to gun for a...
Singapore maps out route to becoming AI powerhouse
AN INAUGURAL roadmap that lays out Singapore's plan to leverage artificial intelligence (AI) to transform the economy was unveiled on Wednesday, in the country's most ambitious push yet to become...