Banking

3 cases · May 2025 to September 2025

Overview

Banking appeared in 3 reported decisions between May 2025 and September 2025, with the High Court (Appellate Division) handling 3 case appearances and the High Court (General Division) contributing 1 case. Performance bonds were the most common issue, with 2 cases addressing restraint of beneficiaries from calling on standby letters of credit on grounds of unconscionability and document discrepancies. Other issues included appropriation of payments and the scope of a bank's duty when liquidating collaterals.

Data coverage: between May 2025 and September 2025

Key Issues & Sub-Topics

Performance bonds — Restraining beneficiary from calling on standby letter of credit on ground of unconscionability 1

Performance bonds — Restraining beneficiary from calling on standby letter of credit on ground of discrepancies in documents tendered 1

Appropriation of payments 1

Credit and security — Scope of duty of bank when exercising its right to liquidate collaterals 1

Court Distribution

SGHC(A) 3 SGHC 1

What banking law disputes arise in Singapore courts?

Among 3 banking cases between May 2025 and September 2025, performance bond disputes involving standby letters of credit (2 cases), appropriation of payments, and bank duties when liquidating collaterals were the key issues, primarily heard in the High Court (Appellate Division).

Cases

DEUTSCHE BANK AG SINGAPORE BRANCH v ARJ HOLDING LIMITED & Anor

15 August 2025

SGHC

[2025] SGHC(A) 6

CAMPBELL HOSPITALITY PTE LTD & 2 Ors v MARCHMONT PTE LTD

22 May 2025

SGHC(A)