AS THE Covid-19 outbreak continues to rattle the region, Singapore banks have stepped in with relief measures to help businesses and retail customers.
SINGAPORE banks have stepped up with relief measures to help businesses and retail customers navigate disruptions caused by the ongoing Covid-19 outbreak. 
BANK of Singapore, the private banking arm of OCBC Bank, has hired a chief data and innovation officer to boost its digital transformation efforts. 
DBS Group reported a 14 per cent boost in net profit to S$1.51 billion for the fourth quarter from compared with a year ago, on the back of broad-based business momentum.
DBS Group chief executive officer Piyush Gupta said that the bank is expecting a revenue impact of around 1 to 2 per cent in 2020, with special provisions potentially to rise by a few basis points of loans, as a result of the novel coronavirus (Covid-19) outbreak....
DBS on Wednesday sent home dozens of employees as a precaution after one of its staff working at the bank's main Marina Bay Financial Centre (MBFC) office was found to be infected with the novel coronavirus.
BUSINESSES in Singapore facing cashflow and financial constraints due to the novel coronavirus may find some respite in new initiatives announced this week.
UNITED Overseas Bank (UOB) on Wednesday said it has set aside S$3 billion to provide companies, especially small- and medium-sized enterprises (SMEs), in Singapore with relief assistance to tide over the negative impact of the Covid-19 outbreak on their business.
DBS on Wednesday confirmed that one employee has been infected with the novel coronavirus at the bank's Marina Bay Financial Centre (MBFC) office.
DBS on Wednesday confirmed that one employee working at the bank's main Marina Bay Financial Centre (MBFC) office has been infected with the novel coronavirus.
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