digital banks

BANKS

Changing needs and Covid-19 driving banks to raise their game

SINGAPORE (June 19): It has been more than 20 years since Singapore liberalised its financial sector.

Disruption and Digitalisation

Digital banks are coming and 65% of Singaporeans are already showing interest

SINGAPORE (Mar 24): Close to 65% of Singaporeans are open to the idea of adopting a digital-only bank, according to the Visa Consumer Payment Attitudes Study.

Banking & finance

UOB digital bank focuses on TMRW's customers

SINGAPORE (Jan 31): In a recent interview, Dennis Khoo, regional head of TMRW digital group at United Overseas Bank (UOB), compared banks — including digital banks — to a car.

Stocks To Watch

Lower loan and earnings growth as banks navigate 2020; dividends to be maintained

SINGAPORE (Jan 17): According to analysts polled by Bloomb­erg, DBS Group Holdings is likely to report the highest growth in prof­it after tax (NPAT) for FY2019 end­ed Dec 31, 2019, of 12.3% (see t

Disruption and Digitalisation

Hong Kong's first digital bank offers 6% rate that dwarfs HSBC's

(Jan 12): The first of Hong Kong’s new generation of digital banks has announced its arrival with a 6% introductory rate for deposits.

Disruption and Digitalisation

Interest in digital bank licences high; applicants see opportunity as local banks extend their lead

SINGAPORE (Jan 10): On Jan 7, the Monetary Authority of Singapore (MAS) announced that it had received seven applications for the two digital full bank (DFB) licences on offer, and 14 applications

Investing ideas

Trump welcomes new year with a bang; local banks in favour from dividend lift

SINGAPORE (Jan 10): Most people usher in the new year with fireworks or by partying with family and friends.

Broker's Calls

Will digital banks be a threat to Singapore's big three?

SINGAPORE (Sept 26): CGS-CIMB Research says new digital banks are unlikely to threaten the market share of Singapore’s three incumbent lenders.

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