OCBC has provided a S$71 million revolving green loan referencing the Singapore Overnight Rate Average (Sora) to Singapore property developer Tong Eng Group.
OCBC has provided a S$71 million revolving green loan referencing the Singapore Overnight Rate Average (Sora) to Singapore property developer Tong Eng Group.
OCBC has provided a S$71 million revolving green loan referencing the Singapore Overnight Rate Average (Sora) to Singapore property developer Tong Eng Group.
THE proposed amalgamation of ailing Lakshmi Vilas Bank (LVB) into DBS's wholly-owned India unit may weigh on the Singapore lender's profitability in the near to medium term.
DBS Group's India business may be amalgamated with an Indian bank under a proposed scheme by the Reserve Bank of India (RBI), DBS said in a Singapore Exchange filing on Tuesday night.
A TROUBLED Indian bank may be folded into DBS Group's India business under a proposed scheme by the Reserve Bank of India (RBI), DBS said in a Singapore Exchange filing late on Tuesday night.
A GROWING number of Singapore banks will make flexible work arrangements a permanent fixture for staff, as they make firm strides to new ways of working in the "new normal" brought about by Covid-19.
ENGINEERING solutions firm Ellipsiz and the family that controls construction firm Lum Chang Holdings will make an offer for the remaining 57.3 per cent of the latter's shares at S$0.38 apiece, while keeping it listed.
