Singapore banks

Google partners banks to streamline PayNow transfers

GOOGLE has, in a tie-up with banks here, revamped its payments app to allow for real-time money transfers via the PayNow rails, tapping the surge in digital payments as Covid-19 restrictions limit...

Google partners banks to streamline PayNow transfers

GOOGLE has, in a tie-up with banks here, revamped its payments app to allow for real-time money transfers via the PayNow rails, tapping on the surge in digital payments as Covid-19 restrictions limit...

OCBC's shift from offshore exposure to sustainable financing no less challenging

WITH the recent slashing of OCBC's exposure to the offshore support vessels (OSV) sector, the question is whether the bank's plan to rev up its sustainable finance portfolio will be able to make...

IMDA partners DBS, OCBC, UOB on e-invoicing

THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow and the PayNow e-payment system...

IMDA partners DBS, OCBC, UOB on e-invoicing through banking solutions

THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow with the PayNow e-payment system...

Singapore banks juice up data drive to customise personal finance

CALL it the next Spotify or Netflix - but for banking. Singapore banks are boosting their efforts in the game of amped-up customisation for retail customers. DBS is the latest to convert customer...

UOB lags local peers in green banking: Maybank-KE

UOB has some catching up to do on the green banking front, said Maybank-Kim Eng analysts, with the bank lagging its peers on its environmental, social and governance (ESG) financing portfolio and...

UOB lags local peers in managing ESG risks: report

UOB has some catching up to do on the green banking front, said Maybank-Kim Eng analysts, with the bank lagging its peers on its environmental, social and governance (ESG) financing portfolio and...

Singapore banks stick to hiring plans even as UOB freezes wages

SINGAPORE banks have stuck to staffing plans made earlier in the year, including their commitments to retain jobs through to the end of 2020. But they are actively managing staff costs as...

Asian banks have ample room to beef up capital: analysts

ASIAN banks have largely been conserving capital by trimming dividends or offering scrip options amid the pandemic, and there are opportunities for them to raise debt from yield-starved investors...

Singapore bank lending down for fifth month in July

SINGAPORE's bank lending extended its slide for the fifth straight month in July, dipping 0.2 per cent to S$678.7 billion from the previous month on general weakness in business loans.