Chanyaporn Chanjaroen
Stories by Chanyaporn Chanjaroen
Ping An unit OneConnect looks to secure SG digital bank license
OneConnect is looking to provide banking services to small and medium-sized businesses.
DBS to combine online banking with physical presence, CEO says
After building online banking operations in India and Indonesia, DBS plans to do the same in other Asian markets.
Cryptocurrency firm Sygnum plans to apply for banking licence in Singapore
Sygnum, based in Switzerland and Singapore, has petitioned for a capital markets services licence which will allow the firm to offer asset-management
SG’s OCBC in talks with Singtel for virtual bank license
The bank plans to take a minority stake in any virtual-banking joint venture and sees it as a way to tap new customers.
SG’s OCBC mulls bid for StanChart-backed Indonesian bank
The Singaporean bank is considering an offer for almost 90% of PT Bank Permata, which has a market value of about $1.9 billion.
Singapore’s central bank seeks more information on Facebook’s Libra
Despite the potential benefits of Libra, concerns raised about the way it would function are “not trivial,” MAS managing director Ravi Menon said.
Family-run UOB’s CEO says open to outside successor
UOB is the only Singapore bank that’s still run by a family after Oversea-Chinese Banking Corp. and others chose outsiders as their CEO or merged.
Singapore central banker Ravi Menon’s term extended for two years
Menon’s term extension comes as the US-China trade war and weaker global demand clouds the outlook for Singapore.
Singapore could be next to issue virtual banking licenses, says DBS
Virtual banks typically have lower operational costs than traditional lenders that rely on brick-and-mortar branch networks.
Singapore’s OCBC seeks partner for China securities business JV
OCBC becomes the latest foreign bank seeking to capitalize on China's financial-industry loosening.