5 Things To Consider Before You Take Up A Loan in 2026
This article was last updated in 2019. Besides the normal considerations for a loan, the 2026 update also reflects current borrower concerns in Singapore, including rising cost pressures, Buy Now Pay Later usage, and increased scam impersonation tactics targeting loan applicants. With many different loans available in the market, it is important that one takes […]
Fitch rates Singapore’s first mortgage covered bond from DBS Bank
Fitch Assigns ‘AAA(EXP)’ Rating with Stable Outlook Fitch Ratings has assigned a ‘AAA(EXP)’ rating with Stable Outlook to DBS Bank’s inaugural series of mortgage covered bonds to be issued from its programme, which complies with the requirements under the Monetary Authority of Singapore’s Notice 648. This is the first covered bond programme established in Singapore. […]
What Is the Difference Between Licensed and Unlicensed Moneylenders in Singapore?
Earlier this month, a friend received an SMS that started out “OWE $ PAY $”, included a lovely expletive and ended with “I SURE COME LOCK AND BURN YOUR HOUSE TONIGHT”. Thankfully, it turned to be just a scam, but it was a reminder of the harassment tactics of an unlicensed money lender. Or, to […]
Senior LionGold exec sued over loan to buy stock
The executive deputy chairman of LionGold Corp, one of three companies being probed in Singapore after their shares plunged in October 2013, was sued to repay money borrowed to buy stock. Datuk Mohammed Wira Dani Abdul Daim owed Maybank Kim Eng Securities $2.6 million for LionGold shares bought in a leveraged account, according to a […]
Noble Group signs US$2.3 billion committed unsecured revolving loan facility
Mainboard-listed Noble Group announced on Tuesday the closing of its syndicated committed unsecured revolving loan facilities with a total size of US$2.3 billion. The company said the transaction was well supported by banks globally with 35 banks participating. The facilities comprise a 364 day revolving credit facility and a 3 year revolving credit facility, priced […]