Financial Services
DBS prices $2.05b fixed rate bonds at 2.375% due 2027
DBS prices $2.05b fixed rate bonds at 2.375% due 2027
DBS Bank Ltd. will serve as the sole global coordinator of the bonds.
UOB to issue $2.25b covered bonds
The bonds are part of the Global Covered Bond Programme.
Cash is the best investment in 2022 for 33% of Singaporeans
This is because cash is seen as a safe investment amidst the uncertainty in the market.
RBC Investor Services Trust Singapore retires as trustee of Keppel REIT
An incoming trustee will be determined by the Manager.
SGX bars trading of Russian Gazprom GDR
This follows MFA's call to cease transactions with entities owned by the Russian government.
SGX-backed ADDX designates new CEO
The new CEO projects ADDX total transactions will reach $1.36b by 2023.
Financial institutions on the lookout for risks arising from Russia
Local FIs are reportedly taking appropriate measures to manage risks, says MAS.
Government to block certain Russian banks, financial transactions
It is also imposing export controls on items that can be used as weapons.
UOB to facilitate $3.3b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
Sabana Industrial REIT bags $150m sustainability-linked loan from HSBC
It comprises a 4-year tranche of $75m and a 5-year tranche of $75m.
Singapore banks’ asset quality to be hit by prolonged Ukraine invasion
Risks related to Russian energy exposure remain the biggest issue for global markets.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
Great Eastern posts 16% increase in net profit in 2021
This translates to a total net profit of $1.1b.
Scammed? OCBC Bank clients can activate 'kill switch' to freeze accounts
This includes access to current/savings accounts, ATMs, debit/credit cards, and digital banking.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
MAS, IBF list 12 skills and competencies needed in sustainable finance
It covers four thematic and right functional knowledge topics.
Fintech investments reach record-high of 191 deals in 2021
Around $5.3b of investments in the industry were recorded.
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