WHILE financial institutions remain open in Singapore as one of the essential services exempted from workplace closures, the Monetary Authority of Singapore (MAS) is urging people to minimise visits to their premises during the current "circuit-breaker" period.
SINGAPORE peer-to-peer lender Validus Capital in March registered a 50 to 75 per cent jump in applications for unsecured loans, a sign of credit demand from cash-strapped enterprises hit by the virus outbreak.
SINGAPORE's three local banks have a combined exposure of at least US$600 million to troubled oil trader Hin Leong Trading, sources familiar with the matter have told The Business Times.
IN 2008, as the global financial system was melting down, America's largest banks continued paying dividends. Those shareholder payouts were made both by institutions that were holding up amid the storm, like Bank of America, and by companies that were teetering on the brink. Both Lehman Brothers...
SINGAPORE-BASED private equity firm Chartered Group is raising a US$500 million fund that seeks to invest in Israel-related deep tech firms and incubate them in Japan, as part of a collaboration with Mafat, the research and development unit of Israel's Ministry of Defence.
SINGAPORE'S Big Three banks saw a surge in enterprise loan applications in the past two months, with the majority of requests coming from micro and small businesses under siege from the virus pandemic.
WITH the wide curbs on movement and the push to work from home amid the Covid-19 pandemic, more consumers here are turning to digital banking.
DBS Group will pay its shareholders their final dividend for fiscal 2019 of 33 Singapore cents per share on May 26, once it gets approval from shareholders via a virtual annual general meeting (AGM) to be held on April 30 at 2.30pm, it said on Wednesday. ...
DBS Group will pay its shareholders their final dividend for fiscal 2019 of 33 cents per share on May 26, once it gets approval from shareholders via a virtual annual general meeting (AGM) on April 30 at 2.30pm, Singapore's largest bank said on Wednesday.
A NEW blockchain industry group called the Blockchain Association Singapore (BAS) has set up in Singapore, helmed by co-chairs Chia Hock Lai and Tan Bin Ru who are from the fintech industry.