UOB’s third-quarter net profit came in at S$1.25 billion, below analyst estimates, as record fee income was offset by weaker trading gains and a narrower net interest margin.
Singapore banks
Maybank Offers Ringgit Current Accounts To Eligible Singapore Companies
Maybank has extended its Malaysia Ringgit Current Account to eligible Singapore-based firms, letting them hold and convert ringgit ahead of Malaysia-related payments.
OCBC Launches Alipay+ Travel Treat, Offering In-App Vouchers For Overseas QR Payments
OCBC has rolled out Alipay+ Travel Treat, letting app users claim more than 200 merchant deals across seven destinations before they travel.
88% Of Large Firms Deploying Or Piloting Tokenised Money, DBS Survey Finds
A DBS survey of 422 finance leaders across 11 markets found 88% of businesses already deploying or piloting tokenised money, with stablecoins the most widely adopted instrument.
UOB Targets S$900 Million In Economic Value From AI By 2030 Under Champions Of AI Programme
UOB aims to generate S$900 million in economic value from AI by 2030 under Enterprise Singapore’s Champions of AI programme, with 11 initiatives across compliance, credit, collections and relationship management.
OCBC Ranked Third Among World’s Strongest Banks, Tops Asia Pacific In The Asian Banker List
OCBC is the first Singapore bank to finish in the global top three of The Asian Banker’s World’s 1,000 Strongest Banks ranking, behind only JPMorganChase and Saudi National Bank.
DBS PayLah! Users Can Now Scan To Pay At Over 250,000 Merchants In Taiwan
DBS has become the first Singapore bank to link customers to Taiwan’s TWQR network, letting more than three million PayLah! users pay by QR code at over 250,000 Taiwanese merchants.
OCBC Lets Singapore Customers Hold Up To RM50,000 In Ringgit Savings
From 23 October, OCBC customers in Singapore can convert and hold Malaysian ringgit in their multi-currency savings accounts, a feature the bank says no other non-Malaysian lender offers.
Singapore Banks Post Record Non-Interest Income in Q2 2026
Singapore banks post record Q2 non-interest income, sustaining earnings despite softer loan yields; asset quality remains stable with strong coverage.
Currency Shifts Create Mixed Impact for Singapore Banks
Singapore banks face mixed impacts from currency fluctuations, balancing gains and losses amid economic shifts.