DBS, the last of Singapore’s big banks to post results, cited risks from the struggling offshore support services sector,
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Virgin Australia has bought itself more time to fix its ailing balance sheet after obtaining a 12-month, $425 million unsecured loan from its four major shareholders, Air New Zealand, Etihad Airways, Singapore Airlines and Virgin.
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Reliance Industries on Wednesday held the first leg of a road-show in Singapore to raise $1.5-billion foreign loans to fund the expansion of its petrochemicals facility at Jamnagar, sources said. "The first marketing meeting was held in.
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“We are pursuing the recovery as Essar Global Fund was the guarantor for the loan given to. sent by The Indian.
View of the office building of Standard Chartered Bank at the Lujiazui Financial District in Pudong, Shanghai, March 11, 2014. [Photo/IC] Standard Chartered Bank announced early this week that its Singapore branch has issued the first.
Country’s largest power producer NTPC has tied up with a Singapore-based bank for a $300 million loan for funding its financial plans in this fiscal, a senior company official said today. “It is $300 million loan with a Singapore bank — I.
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Jan 10, 2009 · Singapore is one of the two Southeast Asia countries (besides Brunei) that issued the highest value banknote in the world. The highest value means its.
while a third bank – Barclays – avoided the need to take taxpayers’ money through its own fundraising efforts in the UAE and Singapore. Part of that arrangement –.
Bankers said MAS was looking at the quality of loans that Indian bank branches. Large Indian banks reduce their exposure in Singapore after tightened regulation by the Monetary Authority of Singapore (MAS) Indian Overseas.
YANGON, May 8 (Xinhua) — A Singapore-based bank — the United Overseas Bank (UOB) has provided its first onshore loan to a French-Myanmar joint venture company for refurbishing a new hotel in Yangon following the opening of its.
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Saddled with $877 million in liabilities and creditors demanding payment, Otto Marine Ltd. is asking the Singapore High Court for protection. At least $15 billion of bonds and loans have fallen into distress in Southeast Asia in the past five.
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The number of people arrested for loan shark activities and harassment doubled to more than 417 in the first half of 2009, with more than 9,000 reported cases of loan shark lending or intimidation reported to the Singapore Police Force.
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Muthoot Finance holds 116 tonnes of gold as security for its loans, Manappuram Finance has 40 tonnes and Muthoot Fincorp, 39 tonnes. The trio’s combined holdings are 195 tonnes. To put things in global perspective, Singapore’s gold.
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United Overseas Bank Limited (UOB) has said it will stop issuing loans that are intended to purchase properties in London. The Singapore bank, which is Southeast Asia’s third-largest bank by assets, said the decision was taken.
A bank in Singapore has become the first in the world to suspend loans for the purchase of homes in London, citing uncertainty over the UK’s vote to leave the EU. United Overseas Bank (UOB) said: "We will temporarily stop receiving.