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DBS maintains a "high degree of confidence" going into the second half of 2021, with full-year allowances unlikely to exceed S$500 million even as Covid-19 infections make a resurgence across Asean, said its chief executive officer Piyush Gupta. 

OCBC and UOB returned their dividend payouts to pre-pandemic levels as the Singapore regulator lifted the cap on dividends paid against their 2021 earnings.

UOB struck a positive note on growth in Asean even as the Covid-19 pandemic continues to ravage key markets, but stopped short of writing back provisions like what global banks have done as uncertainties remain.

OCBC and UOB returned their dividend payouts to pre-pandemic levels as the Singapore regulator lifted the cap on dividends paid against their 2021 earnings.

HSBC Singapore has launched a new mobile in-app feature that allows customers to send money to overseas accounts with the same ease, transparency, and speed of doing a fund transfer and payment in Singapore.

UOB's net profit for its second quarter rose 42 per cent, as more economies reopened and as it posted lower credit allowance, it said on Wednesday.

UOB's net profit for its second quarter rose 42 per cent, as more economies reopened and as it posted lower credit allowance, it said on Wednesday.

OCBC's net profit for its second quarter rose 59 per cent, riding on an improved economic outlook, it said on Wednesday.

OCBC is looking to strengthen its presence in the Greater Bay Area, and is betting especially on the wealth market in China, its chief executive officer Helen Wong said on Wednesday as her bank reported a 59 per cent increase in net profit for its second quarter, as credit allowances...

STANDARD Chartered (StanChart) saw its profit before tax surge in the first half of 2021, buoyed mostly by its performance in Asia even as income continued to slide on the back of falling global interest rates.