Credit Bureau Asia has announced that all five Singapore-licensed digital banks have joined its subsidiary Credit Bureau Singapore (CBS) as members.Being CBS, the five digital banks are required to submit consumer data related to credit reporting to CBS, among other things.In return, digital full ba...

Singapore’s business confidence has moderated for the third straight quarter in the 4Q2022.According to the Singapore Commercial Credit Bureau (SCCB), the business optimism index (BOI) fell to 4.98 percentage points in the 4Q2022, down from the 4Q2021’s 5.78 percentage points and down from the 5...

CGS-CIMB Research analyst Andrea Choong has kept her “add” call on Credit Bureau Asia (CBA) but cuts her FY2022-FY2023 EPS estimate by 3%-5%.“While operating margins in 1HFY2022 for both segments have stayed broadly stable at about 57% for its financial institution (FI) business and about 41% ...

Credit Bureau Asia has reported earnings of $4 million for 1HFY2022 ended June, up 2% y-o-y. Revenue in the same period was up 5% to $23.5 million.“In spite of the challenging environment, we are able to register a resilient performance for the first half of the year,” says executive chairman Ke...

CREDIT Bureau Asia (CBA), which runs the largest consumer credit bureau in Singapore, is eager for the local digital banks to finally launch.

Local business sentiment has moderated for the second consecutive quarter in Q2022, according to a survey released by Singapore Commercial Credit Bureau (SCCB) on June 14.SCCB is a subsidiary of Credit Bureau Asia (CBA), a credit and risk information solutions provider in Southeast Asia.The survey, ...

CGS-CIMB Group Research analyst Andrea Choong has kept an “add” rating on Credit Bureau Asia (CBA) with an unchanged target price of $1.20.On June 3, Green Link Digital Bank (GLDB) under the Greenland Financial consortium, launched its banking business, becoming one of the first digital wholesal...

Business sentiment among local firms have moderated slightly for the 2Q2022, says Singapore Commercial Credit Bureau (SCCB), a subsidiary under Credit Bureau Asia (CBA) on March 15. According to SCCB, the business optimism index (BOI) dipped 0.56 percentage points q-o-q to 5.35 percentage points in ...

Credit Bureau Asia (CBA) has reported earnings of $3.9 million in the 2HFY2021 ended December, up 25.5% from earnings of $3.1 million in the same period the year before. For the FY2021, CBA’s earnings grew 15% y-o-y to $7.8 million. Earnings per share (EPS) for the 2HFY2021 grew 9.7% y-o-y to 1....

FOR the 5 trading sessions that spanned Jan 14 to 20, the Straits Times Index (STI) gained 1.2 per cent, with the FTSE China A50 Index gaining 1.9 per cent, the Hang Seng Index gaining 2.1 per cent and the FTSE Bursa Malaysia KLCI declining 2.6 per cent.

FOR the 5 trading sessions that spanned Jan 14 to 20, the Straits Times Index (STI) gained 1.2 per cent, with the FTSE China A50 Index gaining 1.9 per cent, the Hang Seng Index gaining 2.1 per cent and the FTSE Bursa Malaysia KLCI declining 2.6 per cent.

FOR the 5 trading sessions that spanned Jan 14 to 20, the Straits Times Index (STI) gained 1.2 per cent, with the FTSE China A50 Index gaining 1.9 per cent, the Hang Seng Index gaining 2.1 per cent and the FTSE Bursa Malaysia KLCI declining 2.6 per cent.

CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng deem the Straits Times Index (STI) as currently “oversold” following its sharp selloff in November, resulting in a 4.91% dip. This means the index could be bottoming out soon, write the analysts in a Nov 30 Singapore strategy report. “Th...

Wong Ngit Liong, who is stepping down as the long-time CEO of Venture Corp, has increased his stake in the blue-chip contract manufacturer. On Nov 8, Wong acquired 200,000 shares on the open market for a total $3.75 million or $18.7 each. Wong now holds around 20.65 million shares or 7.106% of the c...

Credit Bureau Asia has announced that its subsidiary Dun & Bradstreet (Singapore) (D&B) is collaborating with data and analytics firm Quantexa to introduce compliance and risk solutions targeted at financial institutions, insurance companies, government entities and multinational corporation...