OCBC Bank

Singapore's NODX edges up by 5.9% thanks to strong electronic exports - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX edges up by 5.9% thanks to strong electronic exports

Singapore’s trade sector continued in the growth, with Non-oil domestic exports (NODX) expanding for the fourth consecutive month in September 2020 thanks to growth in shipments of both electronic

MAS maintains Singdollar policy stance in Oct, citing a rebound in Singapore's economy in 2021 - THE EDGE SINGAPORE

Singapore economy

MAS maintains Singdollar policy stance in Oct, citing a rebound in Singapore's economy in 2021

The Monetary Authority of Singapore (MAS) has maintained its monetary policy stance – in line with expectations from market watchers – at its half-yearly review on Oct 14.

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

Singapore's retail sales in the red for sixth month in August; but decline eases from previous month - THE EDGE SINGAPORE

Singapore economy

Singapore's retail sales in the red for sixth month in August; but decline eases from previous month

Singapore’s retail sales slid for yet another month in August, in spite of the measures permitting in-store shopping and dining in at restaurants.

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 marks the sixth month of decline in Singapore’s bank lending as both business and consumer loans took a hit from the weakness in the economy.

Investors better off sleeping through US presidential debates, says UBS economist - THE EDGE SINGAPORE

Broker's Calls

Investors better off sleeping through US presidential debates, says UBS economist

It was all heat and no light at the first US Presidential debates between President Donald Trump and former Vice-President Joe Biden today, as the proceedings quickly descended into a farce.

Broker's Calls

General commerce, manufacturing loans still hit by sustained contractions: CGS-CIMB

Singapore’s banks are still experiencing broad-based business contraction, says CGS-CIMB, and while credit growth may pick up as GDP recovers, the end of moratoriums could deepen asset qu

Banking & finance

OCBC prices A$200 mil of senior floating rate notes due 2023

Oversea-Chinese Banking Corporation Limited has priced A$200 million (S$200.55 million) of senior floating rate notes due 2023 under its US$30 billion (S$40.72 million) Global Medium Term

Singapore's bank lending drops for fifth month in July - THE EDGE SINGAPORE

Banking & finance

Singapore's bank lending drops for fifth month in July

Yet another month has passed with Singapore’s bank lending rate declining as both business and consumer loans took a hit from the effects of the health-turned-economic crisis.

Broker's Calls

'Not yet shipshape', Singapore banks to face NIM squeeze, credit costs to taper off in 2H20: analysts

Singapore banks can expect lower net interest margins (NIMs) ahead though credit costs could ease in 2H2020.

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