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Singapore's OCBC Acquires Commonwealth Bank Of Australia's Indonesian Unit

The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank. ....

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Stocks on track for best week of 2023

Equities strengthen as investors cheer pause in US interest rate hikes ....

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Singapore bank UOB sees stronger 2024 outlook, Q3 net profit trails estimate

SINGAPORE: Singapore's United Overseas Bank (UOB) expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday (Oct 26) a weaker-than-expected 1 per cent drop in third-quarter net profit from a year earlier. UOB, Singapore's third-largest bank by assets, proje ....

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UOB, Bank Negara-led focus group launches ESG portal for SMEs

KUALA LUMPUR: The SME Focus Group (SFG) under the Joint Committee on Climate Change (JC3), which is co-chaired by UOB Malaysia and Bank Negara, recently launched the Environment Social and Governance (ESG) Jumpstart portal for small-and-medium-sized enterprises (SME). ....

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Banks to charge from S$0.75 to S$3 for use of Singdollar cheques from Nov 1

But most banks will be waiving the fees for customers aged above 60 temporarily until end-2025 to ease the transition to digital payments. ....

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