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CapitaLand receives Singapore’s first SORA-based loan from OCBC

OCBC Bank and CapitaLand have inked Singapore’s inaugural loan facility agreement referencing the Singapore Overnight Rate Average (SORA), for a S$150 million three-year corporate loan.

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OCBC, DBS to hire over 5,000 this year, with emphasis on tech roles

WITH their respective pledges to create new jobs amid economic uncertainty, Singapore's two largest banks have committed to 5,000 new hires this year, with an emphasis on tech-related roles, as the Covid-19 crisis continues to expedite digitalisation in the sector.

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AMTD Group to take majority stake in CapBridge

HONG Kong's AMTD Group is ramping up its presence in Singapore, following its subsidiary's recent dual listing here and digital bank ambitions.

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Face-to-face client meetings and more bank branches to open when financial sector moves to Phase 2: MAS

SINGAPORE financial institutions can reopen shuttered branches and staff can meet their customers face to face again from Friday, the Monetary Authority of Singapore (MAS) has said.

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500 Startups invests in Malaysia fintech Curlec

VENTURE capital firm 500 Startups has invested in Malaysia-based fintech firm Curlec, which will use the new capital to grow its Malaysian operations further.

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OCBC group to hire more than 3,000 people this year

OCBC said on Monday that it plans to hire over 3,000 people in Singapore this year, amid the economic and employment uncertainty due to the Covid-19 pandemic.

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OCBC to hire more than 3,000 people this year

OCBC said on Monday that it plans to hire over 3,000 people in Singapore this year, amid the economic and employment uncertainty due to the Covid-19 pandemic.

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AMTD to take majority stake in private capital platform CapBridge

AMTD Digital, the integrated digital platform arm of AMTD Group, announced on Monday that it will take a majority stake in private capital platform CapBridge Financial for an undisclosed sum.

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Two Coastal Oil ex-senior staff charged with cheating banks; reported losses amount to US$133m

TWO former employees of crude oil products supplier Coastal Oil Singapore were charged in court on Friday for allegedly cheating eight banks in Singapore and Hong Kong. The Business Times (BT) understands that the reported losses among the banks amount to US$133.3 million.

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Fincy receives US$11m injection from parent GBCI Ventures

SINGAPORE-BASED fintech startup Fincy on Friday said it has received a US$11 million from its parent company GBCI Ventures.

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