For the third year running, DBS has been recognised as the World’s Best Bank by New York-based financial publication Global Finance at its World’s Best Global Banks 2020 Awards.
Tag: Bank
DBS reports 26% lower net profit for 2020H1, as general allowances of SGD 1.26 billion conservatively set aside
DBS Group reported a net profit of SGD 2.41 billion for the first half of 2020 – 26 per cent lower than a year ago.
OCBC customers can use SingPass for ibanking login in Singapore’s first
OCBC’s 1.8 million digital customers in Singapore are now able to use SingPass Mobile app as an alternative login to access the full suite of digital banking services.
Indian banks pushing for bankruptcy order against Mallya to be enforced in UK court
A consortium of Indian banks led by the State Bank of India (SBI) are pursuing a bankruptcy order against liquor tycoon Vijay Mallya in the High Court in England.
Financial institutions should strengthen safe distancing measures: MAS
Financial Institutions in Singapore have been asked to actively encourage all customers to use electronic platforms (such as online or mobile banking) for financial transactions, where available.
Asian Development Bank opens new office in Singapore
The new space signifies deepening efforts to collaborate on some of the most pressing development challenges facing Asia and the Pacific.
DBS reports record SGD 6.39 billion profits for 2019
DBS fourth-quarter earnings increased 14 per cent to SGD 1.51 billion.
SMEs in Singapore to focus on productivity in 2020: UOB survey
One of the ways SMEs are planning to achieve their productivity goals is to increase their investments in technology.
Not mandatory for NRIs to link Aadhaar and PAN cards
NRI News: Indian diaspora in the UAE have been advised to ideally link their Aadhaar and Permanent Account Number (PAN) by the extended deadline date of December 31, 2019.
Maybank Kim Eng cuts 5 per cent of Singapore manpower
Maybank Kim Eng has reduced 5 per cent of its manpower in Singapore amid stiff competition from fintech firms, according to news reports.