Singapore banks

DBS to boost Asean focus and hunt for region's next unicorns

DBS will look to boost its coverage of Asean and throw its weight behind regional supply chains of global multinational corporations (MNCs) and emerging startups based out of Singapore, the bank's...

Digital banks may find it tough to win over consumers and deposits

WITH most consumers here unlikely to park more than S$20,000 in digital banks, and an expected high burn-rate for new entrants to nab credit-card users, the incumbent banks' earnings are not at...

Singtel edges out Grab in attracting deposits as digital banks: CGS-CIMB

MORE customers may be willing to park money with Singtel than Grab, a CGS-CIMB report showed, with the brokerage estimating that 4-11 per cent of deposits from the domestic banking unit are at...

New chapter in banking begins as applications open for digital banks

RIDE-HAILING firm Grab is "confident" of meeting the digital banking licence requirements that include "a path towards profitability" on a five-year projection, the unicorn told The Business Times...

LiquidX partners DBS; ramping up expansion plans in Singapore

NEW York-headquartered trade finance marketplace LiquidX has managed to get DBS, South-east Asia's largest lender, onboard its network - the first bank here in Singapore to do so.

OCBC in sweet spot as SMEs go regional and digital

OCBC sees itself sitting in a sweet spot when it comes to cash management and other transaction banking services, with the bank holding a large chunk of primary bank accounts that capture the...

Time to tighten digital banking metrics

THE heightened pressure on Singapore banks to prove their mettle amid Big Tech disruption means an ongoing rewrite in how digital banking is showing off richer returns.

UOB's TMRW banking to beat today's competition

UNITED Overseas Bank (UOB) will stake its claim in the digital banking space in Asean, by being the first foreign bank in Thailand to launch a mobile-only bank that is aimed at millennials.

How OCBC busts the fear factor over jobs upheaval

THERE is fear that plagues some employees at OCBC when it comes to tackling the sensitive topic of the future of jobs, but the bank is determined to make sure that employees are trained to be...

Banks partner fintechs in quest for digital dominance

THERE is a power play ahead for Singapore banks as they cosy up to fintechs that offer quicker ways to scale and deepen their reach to bankable customers.

UOB taps data analytics to spur lending to Asean small businesses

UNITED Overseas Bank (UOB) is diving into data to move the dial in credit underwriting for small businesses in Asean.