News

OCBC beats forecasts on Q1 loan growth surge, UOB roughly in line

Singapore’s Oversea-Chinese Banking Corp beat expectations with an 11 percent rise to record quarterly net profit, as the consolidation of its newly acquired Hong Kong lender Wing Hang Bank helped

DBS Q1 profit up 3 per cent to record $1.27 billion, beating estimates, on strong loan growth

DBS Group Holdings, Southeast Asia’s largest lender, posted first-quarter profit on Monday that beat analysts’ forecasts, helped by a double-digit rise in loan growth and strong wealth management fees. Loans

Time to switch to a FIXED-RATE home loan?

The very real prospect of higher housing loan repayments is prompting many home owners to move to fixed-rate mortgages. These loans have rates that are set for a certain period,

Singapore bank lending down in February

Total bank lending in Singapore fell a little in February, with business loans continuing their slide for a third straight month. The overall sum lent to both consumers and businesses

Loan recipients on ‘strike’ meet with federal officials

Pamela Hunt is so overwhelmed by her $56,000 in student loans for what she considers a worthless criminal justice master’s degree that she’s joined others on a “debt strike” and

Should you still get a SIBOR-based home loan?

Think of the last good dream you had. You know, like the one where you paid only $2 COE on your new car, or you were Left Shark in the