Banking

The annual OCBC survey highlights the financial struggles of Singaporeans, with many unable to afford beyond basics and lacking emergency funds, amid high interest rates, inflation, and market turmoil.  “2023 has been yet another tough year, with the continuation of high interest rates, inflation, and turmoil in the financial markets,” says OCBC’s head of group … Read more

Choosing the right savings account is key to accelerating your financial growth. The UOB One and OCBC 360 accounts stand out in Singapore for their attractive interest rates and benefits.  The UOB One offers up to 7.8% p.a. interest, with specific requirements like minimum card spending and salary crediting or GIRO payments.  Meanwhile, the OCBC … Read more

Singapore has established itself as a global financial hub, and its priority banking sector is a cornerstone of this success. According to Dr. Sarah Ong, Associate Professor of Finance at the National University of Singapore, Singapore’s private banking scene is rapidly evolving, with a growing emphasis on technology and digital solutions.  Singapore’s role as a … Read more

Banks thrive in Singapore. One of the major drivers of development in Singapore is its banking industry. This is largely because the government of Singapore has always crafted its laws and policies in such a way that takes into account diversity and economy.  These laws and policies attracted investors from all over the world that … Read more