Country: Singapore

UOB Mobile records 1 million transactions per month

(04 April 2013 – Singapore) United Overseas Bank (UOB) has recorded 1 million mobile-based transactions each month, with over 70...

Technology

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Singapore

Singaporean banks increase lending to SMEs

(22 March 2013 – Singapore) Singapore’s banks have boosted lending to small and medium sized enterprises, as the businesses expand...

Business Development & Expansion

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Singapore

Predictions of a tough 2013 for Singapore banks

(06 March 2013 – Singapore) Singapore banks’ earnings have fallen short of expectations according to a source, which now believes...

Financial Results

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Singapore

OCBC to optimise Indonesian expansion

(21 February 2013 – Singapore) Singapore’s longest established bank, OCBC Group, now has 350 branches in Indonesia and has plans...

Business Development & Expansion

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Singapore

Singapore growth stabilises at 10 percent

(18 January 2012 – Singapore) Singapore banks’ loan growth has moderated to 10 percent according to a source.According to the...

Debt

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Singapore

CIMB reports 12.6% rise in profits for first nine months

(23 November 2012 – Singapore) CIMB Group has reported a record net profit of RM3.263 billion (A$1.02 billion) for the...

Financial Results

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Singapore

Stanchart with MasterCard launch card with touch-sensitive buttons

(9 November 2012 – Singapore) MasterCard Worldwide, in collaboration with Standard Chartered Bank Singapore (Stanchart) has unveiled the country’s first...

Technology

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Singapore

Singapore telcos set up for NFC mobile wallets

(28 August 2012 – Singapore) Singapore wireless operators SingTel and M1 have both launched mobile contactless payments services, enabling customers...

Technology

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Singapore

Contracting interest margins worry OCBC

(7 August 2012 – Singapore) Singapore-based Overseas Chinese Banking Corporation (OCBC) faces a squeeze from contracting interest margins, although strong...

Financial Results

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Singapore