An important resource for the dynamic banking and financial industry, providing a definitive list of banks, financial institutions in Singapore.

IN THE NEWS

OCBC makes leap, by coaxing baby steps

OCBC has thrown down the gauntlet in the consumer banking space, and is fighting for greater market share in local deposits, where it still has the smallest take among the homegrown trio. To do this, it has re-worked its savings account model - drawing deposits in through attractive headline interest rates - and is then powering sales through data analytics. In the last seven years, it has also s...


Maybank in S'pore beats industry mark for Q1 loans growth

MAYBANK in Singapore posted loans growth of 11.6 per cent year-on-year in the first quarter, outpacing industry growth of 6.7 per cent, the bank said yesterday. Its consumer loans rose 19.4 per cent for the three-month period to March 31, on the back of higher mortgages and other personal loans, Malayan Banking Bhd (Maybank) said. The results formed part of the earnings reported yesterday in Ku...


MOF calls for more private financing for infrastructure

A high-level Ministry of Finance (MOF) official has called for the closing of the financing gap for the development of infrastructure in Asia - by getting the private sector to invest in this area in a bigger way. MOF deputy secretary Yee Ping Yi said at a G20/OECD roundtable hosted by the ministry: "This is a critical issue for Asia. By 2025, infrastructure needs in Asia are expected to reach US...


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