THE Monetary Authority of Singapore (MAS) is working to develop a framework for equitable sharing of losses arising from scams, alongside evaluating longer-term measures with industry partners that will be implemented in the coming months.
THE interest rate of the 10-year Singapore Savings Bonds (SSBs) has crossed 2 per cent for the March issue. The first-year interest rate stands at 0.59 per cent while the average return over a decade is 1.79 per cent per annum.
THE average return over 10 years for the March issue of the Singapore Savings Bonds (SSBs) has hit 1.79 per cent - its highest rate since 2019. SSBs last recorded an average return over 10 years of 1.95 per cent per annum for its September 2019 issue.
MALAYSIA'S banks are poised to continue their strong loans growth momentum in 2022 following a "relatively commendable" showing in December 2021, according to UOB Kay Hian (UOBKH).
OCBC on Sunday (Jan 30) said arrangements for full goodwill payouts to all victims of the recent SMS phishing scam have been completed.
OCBC on Sunday (Jan 30) said arrangements for full goodwill payouts to victims of the recent SMS phishing scam have been completed.
OCBC on Sunday (Jan 30) said arrangements for full goodwill payouts to victims of the recent SMS phishing scam have been completed.
DBS is acquiring the consumer banking business of Citigroup in Taiwan, Citi Consumer Taiwan, via a transfer of assets and liabilities. The transaction will see DBS paying Citi cash for the net assets of the business plus a premium of S$956 million, said Singapore's largest lender on Friday...
DBS is acquiring the consumer banking business of Citigroup in Taiwan, Citi Consumer Taiwan, via a transfer of assets and liabilities.
MAYBANK on Thursday (Jan 27) said Khairussaleh Ramli, most recently the former group managing director of RHB Banking Group, will succeed Abdul Farid Alias as group president and chief executive officer on May 1.
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