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MAS awards digital bank licences to two consortiums, two entities - THE EDGE SINGAPORE

BANKS

MAS awards digital bank licences to two consortiums, two entities

Four licences to operate digital banks in Singapore have been awarded by the Monetary Authority of Singapore (MAS) today.

Add a touch of wellness to your finances with DBS’s new-look "pharmacy bank"  - THE EDGE SINGAPORE

BANKS

Add a touch of wellness to your finances with DBS’s new-look "pharmacy bank"

Mention a bank, and most people would picture an austere row of counters, manned by busy tellers running to and from the outlet’s backroom vault.

Banks expand digital solutions for businesses and consumers - THE EDGE SINGAPORE

BANKS

Banks expand digital solutions for businesses and consumers

OCBC and start-up SOCASH have announced a partnership to provide the bank’s customers with additional cash withdrawal points, as well as to serve as the cash management and distribution solution to

BANKS

China's biggest bank misses US$4.4 billion capital accumulation target

A massive push by China’s biggest banks to boost capital amid the worst downturn in at least a decade faltered out of the gate.

BANKS

Singapore regulator to push for more locals in senior bank roles

Singapore’s financial regulator will step up efforts to urge banks to place more citizens in senior management roles, according to its chief.

BANKS

Banks braced for worst GDP decline; cloudy outlook could clear in 2021

The fortunes of big banks are often tied to a country’s GDP growth, so when Singapore’s growth fell off a cliff in 2QFY2020, it was not surprising that the three local banks reported double-digit y

BANKS

Why OCBC's scrip dividend leads to a virtuous circle despite regulatory cut

The capital a bank holds is one of the metrics most closely watched by investors, ratings agencies and regulators in times of crisis like the Covid-19 pandemic.

BANKS

Large amounts of general provisioning

Regardless the increase in operating profit for Oversea-Chinese Banking Corp (OCBC) or the resilient performance of United Overseas Bank’s (UOB) regional subsidiaries or the strength of DBS Group H

BANKS

Going digital: Data mining for banks of the future

Going digital for many people is a matter of whipping out the mobile, logging into a banking app and making a transaction — be it transferring funds, paying bills, buying shares or ETFs, or checkin

BANKS

UOB launches TMRW in Indonesia

PT Bank UOB Indonesia (UOB Indonesia) launched TMRW, United Overseas Bank’s digital-only bank on Aug 3. TMRW’s account opening process  takes just nine minutes.

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