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SMALL and medium-sized enterprises (SMEs) are now weighing the cost of taking up loans or deferring existing payments as they add to future obligations, even as they get some breathing room to manage their cashflow on the back of measures announced by the Monetary Authority of Singapore...

SEASONED small- and medium-sized enterprises (SMEs) that have weathered cycles through the years are assessing their liquidity while on good credit standing, even as they have an estimated 30-40 per cent of their existing credit lines still untapped, a top banker from OCBC said.

CIMB Bank Singapore on Wednesday said it will automatically approve the deferment of principal and interest payments on most of the term loans taken up by its commercial banking customers here, a first in Singapore.

CIMB Bank Singapore on Wednesday said it will automatically defer principal and interest payments on most of the term loans taken up by its commercial banking customers here, a first in Singapore. 

CIMB Bank Singapore on Wednesday said it will automatically approve the deferment of principal and interest payments on most of the term loans taken up by its commercial banking customers here, a first in Singapore. 

MAYBANK Singapore will pay a one-time financial assistance of S$1,400 to employees who are living in Singapore temporarily due to Malaysia's movement control order (MCO).

JPMORGAN Chase & Co has launched a foreign exchange (FX) trading and pricing engine in Singapore that will speed up trade executions for clients, it said on Wednesday.

AT A worst-case scenario, Singapore banks may see a 14 to 18 per cent hit to their revenue in 2020 following the latest virus relief measures for consumers, said Jefferies Research in a report on Wednesday.

HOMEGROWN solar company LYS Energy on Wednesday said it has obtained a S$14 million green loan from United Overseas Bank (UOB).

THE extent of the latest support announced by Singapore's financial industry and the Monetary Authority of Singapore (MAS) for distressed property owners and small and medium-sized enterprises (SMEs) shows the depth and breadth of the current economic downturn, a Citi report said late on Tuesday.