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DBS Bank announced on Friday its third round of liquidity relief measures for individuals and small and medium-sized enterprises (SMEs). This follows the recently unveiled financial relief package outlined by the Monetary Authority of Singapore (MAS) and other industry bodies earlier in the week.

WITH Singapore on Friday announcing tighter movement restrictions within the country due to the virus outbreak, OCBC Bank said its annual general meeting (AGM), originally scheduled for April 30, will be postponed. Its insurance arm, Great Eastern, will also postpone its AGM originally slated for April 15,...

BANKING fees from mergers and acquisitions (M&A) transactions in the Asia-Pacific ex-Japan (APxJ) region fell to an eight-year low of US$473.1 million in the first quarter of 2020. This represented a 39.2 per cent decline from a year ago, according to Refinitiv data as at April 2....

WHILE banks are essential services that will stay open during the month-long imposition of tighter restrictions to curb the virus spread in Singapore, lenders are due to shut some branches amid slower traffic as well as in balancing staff welfare.

SINGAPORE Exchange (SGX) on Friday said its securities and derivatives markets will remain open and accessible as Singapore closes most workplaces for a month from Tuesday.

THE Monetary Authority of Singapore (MAS) on Friday said that all financial institutions will continue to operate, although with reduced staffing on their premises, in line with the advisory from the Ministry of Health on maximising telecommuting. 

WITH Singapore on Friday announcing further movement restrictions within the country due to the virus outbreak, OCBC said that its annual general meeting (AGM), originally scheduled for April 30, will be postponed.

DBS announced its third round of liquidity relief measures for individuals and small and medium-sized enterprises (SMEs) on Friday, on top of the recently unveiled relief package by the Monetary Authority of Singapore (MAS).

BANKING fees from mergers and acquisitions (M&A) transactions in the Asia-Pacific, excluding Japan, fell to an eight-year low of US$473.1 million in the first quarter of 2020, down 39.2 per cent from a year ago, according to Refinitiv data as at April 2.

SINGAPORE banks this week slashed several rates on their flagship deposit accounts, reflecting the weaker rate environment globally.