News
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
Standard Chartered completes first trade loan referencing USD SOFR in Hong Kong
The trade loan was for Qatar National Bank.
Citi Singapore to tap global fintechs in APIX collaboration
The partnership enables Citi to identify solution partners in a cost-efficient way.
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
Global payments firm Nium names COO as co-founder
This is in recognition of his significant contributions to scale Nium’s global operations.
New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS
Banks should have enough buffers and find climate transition risks manageable.
Maybank launches programme to help Malaysian halal SMEs go overseas
The products are now available at Eccellente by HAO Market in Singapore.
Weekly Global News Wrap: US bank profits dip in Q3; UBS' new CEO is a former JP Morgan exec
And Goldman Sachs to set new profit targets.
Goldman Sachs, Amazon launch suite of cloud-based data and analytics solutions
Institutional clients may accelerate time-to-market financial applications.
South Korea’s corporate loan growth quickened in Q3: report
This was thanks to a rise in loans made to the service sector during the period.
UnionBank in talks to take over Citi’s consumer banking assets in the Philippines
Discussions between the two banks are at the preliminary stage.
CIMB Group core profits more than tripled in 9M 2021
But it reported weaker quarterly performance, largely due to its $309.8m Q3 expense.
Sukuk issuance slowdown may dawn earlier over Omicron variant: Fitch
Uncertainty over Omicron's impact may drive this slowdown.
Banking woes dampen Singapore MSMEs overseas ambitions
Only 2 in 10 Singapore micro-multinationals think banks offer value for money.
Could fintechs overtake banks in the digital financial service space?
The Internet boom has pushed 9 out of 10 digital merchants to accept digital payments.
Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec
It’s not as urgent as other markets with credit under-penetration, says TMRW Digital Group CCO.
Philippine financial regulator mulls offline digital payment solutions
The move is part of the BSP’s Digital Payments Transformation Roadmap.
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