The Business Times
business-time-50

Banks in Singapore band together to lift standards for commodity financing

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jul 2, 2020 · 09:50 PM

    Singapore

    BANKS with operations in Singapore are banding together to raise industry standards for commodity financing in Singapore.

    This move was confirmed by the Singapore authorities, which told The Business Times on Thursday that this will be the first such set of "best practices" being developed by lenders here with the trading community, with the support of government agencies.

    Singapore banksHin LeongTrade finance

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More