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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.

SINGTEL sees its digital bank bid as a timely push for reinvention by the heavyweight telco in Singapore and the region.

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.

STANDARD Chartered Bank Singapore chief executive officer Patrick Lee will be responsible for more markets in his new appointment as cluster CEO for the Singapore and Asean markets (Malaysia, Vietnam, Thailand and representative offices) from Jan 1, 2021. This is part of StanChart's new Asia region structure,...