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

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

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

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

Plunging China trade loans hit Singapore banks

Singapore banks, which have enlarged their China credit exposure in recent years, were hit by a drop in billions of dollars of China trade-financing deals as mainland borrowing conditions became

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

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