HONG Leong Finance posted net profit of S$40.1 million for the 6 months ended December 2021, up 46.5 per cent from earnings of S$27.4 million in the corresponding year-ago period.
PREVENTION is key when it comes to addressing scams, said OCBC chief executive Helen Wong, even as she acknowledged that fraudsters can come up with new modus operandi in their future exploits.
SHARES of OCBC fell in the morning on Wednesday (Feb 23), after the bank said its net profit for the fourth quarter ended Dec 31, 2021 fell 14 per cent on year to S$973 million.
OCBC posted a 14 per cent decrease in net profit for its fourth quarter ended Dec 31, 2021 to S$973 million, from S$1.13 billion a year ago, it said on Wednesday (Feb 23).
AS more banks in South-east Asia plant their flags in the cryptocurrency sphere, some industry observers have sounded a note of caution over the trade-off between securing a first-mover advantage and dealing with reputational and operational risks.
HSBC Bank (Singapore) has appointed Tancy Tan as its chief operating officer, effective from Monday (Feb 21), the local branch of the British financial institution said in a news release.
HSBC Bank (Singapore) has appointed Tancy Tan as its chief operating officer, effective from Monday (Feb 21), the local branch of the British financial institution said in a news release.
CIMB Bank Berhad, Singapore Branch (CIMB Bank) announced on Thursday (Feb 17) that it will be donating S$52,240 to the Family Service Centres (FSCs) supported by Community Chest.
ENVIRONMENTAL, social and governance (ESG) concerns have risen to the top of the agenda for governments and enterprises in the past year. At the recent COP26 climate summit, Singapore stated its full commitment in accelerating its transition to a low-carbon future.
