AMID a weakening interest rate environment and the challenging macro climate, Standard Chartered will cut rates on several savings accounts, while OCBC will likewise cut interest rates on its flagship deposit account. These take effect from July 1.
A GROUP of CIMB Bank Singapore's housing loan customers - over 40 and counting - has joined forces to challenge the bank on its decision to raise the floor of its mortgage rates in the midst of a pandemic.
FORMER regional chief operating officer (COO) of Morgan Stanley Asia Private Wealth Management (PWM), Sim Hwee Hoon, has joined robo-adviser StashAway’s board of directors as an independent non-executive director.
THE July issue of Singapore Savings Bonds (SSBs) opened on Monday evening with yet another record-low rates. The first-year interest rate stands at 0.3 per cent while the average return over 10 years is 0.8 per cent per annum.
A GROUP of CIMB’s housing loan customers – now 25 and counting – have joined forces to challenge the bank on its decision to raise the floor of its mortgage rates in the midst of a pandemic.
AMID a weakened interest rate environment and the challenging macro climate, OCBC will reduce the salary credit bonus interest for customers on the OCBC 360 savings account from July 1.
FINANCIAL stress since the "circuit breaker" was imposed appears to have caused many Singaporeans to shelve or reduce their retirement savings, a survey by OCBC has found.
CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall on record as the Republic's circuit breaker took effect on April 7, keeping people at home and most retail outlets shut, according to the latest data from the Monetary Authority...
CONSUMER loans in Singapore continued to dive in April, with credit card loans in particular plunging to record lows as the Republic's "circuit breaker" took effect on April 7, keeping people at home and most retail outlets shut.
CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall as the Republic's "circuit breaker" took effect on April 7, keeping people at home and most retail outlets shut.












