SINGAPORE is taking big steps to modernise the cross-border payments scene through a string of recent partnerships, in a bid to ease longstanding payment pains.
OCBC will review its office-space requirements and may cut down on its number of branches, said its chairman Ooi Sang Kuang on Thursday, during the bank's annual shareholder meeting.
OCBC will be reviewing its office space requirements and may be cutting down on its number of branches, said chairman Ooi Sang Kuang on Thursday during the bank's annual shareholder meeting that was held virtually.
SINGAPORE is taking big steps to modernise the cross-border payments scene through a string of recent partnerships, in a bid to ease long-standing payment pains.
THE Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) on Thursday announced the linkage of both countries' real-time retail payment rails to facilitate faster and cheaper cross-border transfers.
EYES will be on Singapore banks' acquisition plays in the region as the trio release their first-quarter results, with asset quality largely stable following the expiry of debt holidays.
SINGAPORE as a wealth centre is gaining ground at a surer pace, capturing the rise of South-east Asia's new companies and more family offices setting up in the region, said a top executive from UBS on Wednesday.
