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Banking & finance

New digital banks unlikely to impact financial stability as incumbents hold their ground  - THE EDGE SINGAPORE

Banking & finance

New digital banks unlikely to impact financial stability as incumbents hold their ground

New digital banks unlikely to affect financial stability as services are being phased in
Singapore versus Hong Kong’s 62 IPOs in 2022 - THE EDGE SINGAPORE

Banking & finance

Singapore versus Hong Kong’s 62 IPOs in 2022

HKEx had 62 IPOs for the 10 months to Oct 31, raising HK$85 billion, of which 49 were from China

Banking & finance

DBS expands footprint to Bangladesh, appoints former HSBC exec as chief representative

In 2021, Singapore was the third-largest importing partner of Bangladesh, with imports amounting to about US$2.4 billion.
Tailwind lifts profits of local banks as they chart growth trajectories - THE EDGE SINGAPORE

Banking & finance

Tailwind lifts profits of local banks as they chart growth trajectories

Banks' double-digit earnings growth were buoyed by NII. DBS, UOB have a cautious 2023 outlook, OCBC is a lot more positive
OCBC CEO optimistic on outlook as bank reports record earnings in 3Q2022 - THE EDGE SINGAPORE

Banking & finance

OCBC CEO optimistic on outlook as bank reports record earnings in 3Q2022

OCBC's management upbeat about prospects as bank reports record net profit in 3Q2022
Earnings surge but banks advise caution as peak interest rates approach - THE EDGE SINGAPORE

Banking & finance

Earnings surge but banks advise caution as peak interest rates approach

DBS and UOB's net profits have surged in 3Q2022 on loan growth and higher NIMs. The out look is optimistic with caveats

Banking & finance

UOB completes acquisition of Citigroup's consumer banking businesses in Malaysia and Thailand

The completion of the acquisition of Citigroup’s consumer banking businesses in Indonesia and Vietnam is planned for 2023.
DBS hikes rates on high-yield savings accounts - THE EDGE SINGAPORE

Banking & finance

DBS hikes rates on high-yield savings accounts

DBS announces higher rates for high-yield savings accounts following OCBC's hike
OCBC to raise flagship OCBC 360 account interest rates up to 7.65% - THE EDGE SINGAPORE

Banking & finance

OCBC to raise flagship OCBC 360 account interest rates up to 7.65%

The revised rates mark an all-time high for the bank
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