Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Singapore Banks Ease Burden on Borrowers
ShareTweet
Home
Fintech
Singapore Banks Ease Burden on Borrowers

Singapore Banks Ease Burden on Borrowers

Emily Donato·
FintechNews Roundup
·Mar. 31, 2020·1 min read

Local lenders in Singapore are offering consumers and small businesses relief during the current crisis; this includes a freeze on mortgage and business loans along with cuts on credit card interest rates; banks and other institutions are able to defer principal and interest payments on mortgages through the end of the year according to the Monetary Authority of Singapore; small businesses are able to defer principal payments until year end as well; Over $28 billion in loans to small businesses are expected to qualify for the new plans; Bloomberg shares other news happening in the region related to the coronavirus. Bloomberg

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts
Tags
consumer lendingcoronavirusCOVID-19Monetary Authority of SingaporeSingaporesmall business lending
Related

Are We About to Make a Quantum Leap in Small Business Lending?

Renton’s Take: Major Shifts for Small Business Lending?

Renton’s Take on Cash Flow Underwriting

How Fintech Lenders Can Help Capture Small Business Opportunity

Popular Posts

Today:

  • FNLiquidity Risk Is Back on the Table —What Could That Mean for Fintech? Nov. 25, 2025
  • Mike ReustBetterment’s Mike Reust on GenAI and WealthTech Nov. 18, 2025
  • FNMicropayments’ Role in the User Data Economy Nov. 19, 2025
  • FNFrom Inspiration to Action: Stefan Weitz and the Rise of HumanX Nov. 12, 2025
  • VancouverWeb Summit Dispatch: Debate Rages Over AI Applications’ Human Impact  May. 28, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • FN1Through the Crypto Telescope Nov. 20, 2025
  • Jeff Radke AccelerantAs Accelerant IPOs on NYSE, CEO Jeff Radke Hopes to Usher In Insurtech 3.0 Jul. 24, 2025
  • Chris Taylor Fractional AIFractional AI’s CEO Chris Taylor on Scaling the Unscalable Jul. 23, 2025
  • Craig-Wiley-Quote-FNInside Synthetic Data’s Takeover Oct. 15, 2025

This month:

  • FNFrom Chatbot to Checkout: AI’s Leap Into Commerce Nov. 5, 2025
  • 197BREAKING: Money20/20: The Download Oct. 28, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • Multiply CEO MichaelMultiply Mortgage CEO on AI’s move into housing finance Nov. 6, 2025
  • HRWorktech founder roundupThe Future of Work: 5 Leaders Redefining HR and People Processes with AI Oct. 29, 2025
  • Renata CaineGreen Dot’s GM of Embedded Finance on Banking Transparency Oct. 28, 2025
  • BylineOpinion: Why Reinsurance Can Be the $700 Billion Breakout Market DeFi Has Been Waiting For Nov. 13, 2025
  • FNFrom Inspiration to Action: Stefan Weitz and the Rise of HumanX Nov. 12, 2025
  • Betting on AI’s Future at HumanXBetting on AI’s Future at HumanX Mar. 20, 2025
  • Dispatch from VegasOverheard in Vegas Mar. 13, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results