loans

Interest waiver on loans … who does it really help? - THE EDGE SINGAPORE

Tong's Portfolio

Interest waiver on loans … who does it really help?

In summary, the call for an interest waiver is short-sighted and irrational, both economically and mathematically speaking.
Singapore's bank lending continues growth streak for third month in January 2021 - THE EDGE SINGAPORE

Banking & finance

Singapore's bank lending continues growth streak for third month in January 2021

Singapore’s bank lending increased in January following higher loans to businesses.
Singapore's bank lending continued to grow for second month in December 2020 - THE EDGE SINGAPORE

Banking & finance

Singapore's bank lending continued to grow for second month in December 2020

Singapore’s bank lending increased in December, thanks to the continued growth in housing loans.
Singapore's bank lending slows for eighth month following drop in loans to businesses - THE EDGE SINGAPORE

Banking & finance

Singapore's bank lending slows for eighth month following drop in loans to businesses

Total bank lending dipped 0.3% month-on-month to $677.46 billion in October.
Singapore's loan growth expected to remain in the red till 2021: RHB - THE EDGE SINGAPORE

Banking & finance

Singapore's loan growth expected to remain in the red till 2021: RHB

Singapore’s loan growth is expected to fall by 2% in 2020
STI down by 3.3% amid the US election and second wave of Covid-19 infections - THE EDGE SINGAPORE

STI watch

STI down by 3.3% amid the US election and second wave of Covid-19 infections

The Straits Times Index (STI) plunged 3.3% to 2,439.76 this afternoon.
Singapore's bank lending slows for seventh month in September - THE EDGE SINGAPORE

Banking & finance

Singapore's bank lending slows for seventh month in September

Singapore’s bank lending dipped for the seventh month in September, following a decline in both business and consumer loans.
PhillipCapital is 'neutral' on Singapore banking sector, while UOB Kay Hian remains upbeat - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital is 'neutral' on Singapore banking sector, while UOB Kay Hian remains upbeat

As at 4.30pm, shares in DBS, OCBC, and UOB are trading 1.62% up, 1.28% up and 1.23% up, at $21.39, $8.70 and $19.70 respectively.
Singapore's bank lending slowed for the sixth month in August - THE EDGE SINGAPORE

Banking & finance

Singapore's bank lending slowed for the sixth month in August

August’s bank lending level slipped as loans to businesses and consumers fell.

Aviation & Engineering

Global airlines raised more than US$17 bil from banks in weeks

Delta Air Lines Inc is the top borrower this month, obtaining US$5.6 billion, followed by Singapore Airlines, which secured a S$4 billion bridge loan
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