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DirectAsia.com is Singapore’s leading online insurance firm , that gives customers a spread insurance plans for Car, Motorcycle, Travel, Term Life, Home, and private Accident. Company's insurance products and services Insurance Online Car Insurance SOS Car Insurance Low Mileage Car Insurance Motorcycle Insurance Travel Insurance Term Life Insurance Home Insurance Personal Accident Insurance DirectAsia main office location 88 South Bridge Road, Singapore 058716 Contacts Customer Care Hotline: 666 55555 Claim Hotline: 6532 18...

Opening a bank account in Singapore can be a tricky process, especially for foreigners. However, with the right documentation and preparation, it is possible for foreigners to open a bank account in Singapore with the Development Bank of Singapore (DBS). DBS is one of the largest banks in Singapore and offers a variety of banking services for individuals and businesses. As a foreigner, you can open a DBS bank account as long as you meet certain requirements and have the necessary documentation. The first step in opening a bank account with DBS as a foreigner...

SINGAPORE (THE BUSINESS TIMES) - DBS Bank has joined Contour's network, which is built on blockchain technology company R3's Corda and digitalises global trade processes such as the creation, exchange, approval and issuance of letters of credit (LCs). It is the first Singapore bank to do so, ahead of the blockchain-based platform's full launch later this year, DBS announced on Monday (May 11). Other banks in the network include BNP Paribas, Bangkok Bank, ING, HSBC, Standard Chartered and Citi Ventures, according to the website for Singapore-based Contour. ...

```html How Do Banks Benefit from Credit Cards? In today's fast-paced financial world, credit cards have become an indispensable tool for both consumers and banks. While consumers enjoy the convenience of deferred payments and rewards, banks have their own set of incentives to issue and promote credit cards. This article delves into the various ways banks benefit from credit cards, highlighting the multifaceted revenue streams and strategic advantages they gain. Interest Income One of the primary ways banks benefit from credit cards is through interest income. ...

Bangkok Bank Singapore Branches Bangkok Bank Singapore is a Thai Bank that is operating in Singapore for a very long time and the main focus of this bank is the corporate customers. They only offer services to the businesses which are operating in Singapore and they offer them a variety of services which most of the banks are not able to offer this much. In the event that you have a business in Singapore or at least running a business on behalf of someone else, you should consider working this great bank. The services they offer include import and export servic...

Bangkok Bank Singapore Swift Code Here is the Bangkok Bank Singapore Swift Code: BKKBSGSG Bangkok Bank Singapore is a Thailand bank that is serving in Singapore for a very long time and they managed to earn the trust of the businesses in Singapore. We only noted businesses since this bank only offers services to the corporate customers. This means that you need to run a business in Singapore in order to become their customer. They are one of the most reliable banking institutions in Singapore which can lend major loans at once when compared to the other bank...

UOB Bank Singapore Branches and Opening Hours UOB Bank Singapore is one of the oldest banks in Singapore which offers banking services to millions of citizens in Singapore. They offer their services with various means but the main area for them to offer their services are their branches. This is why they have launched 46 branches in Singapore which are located all around the nation including in main avenues, shopping malls, airport and entertainment complexes. In case you are one of the tourists who want to have an account on one of the Singaporean Banks, ...

Choosing the right bank account can be a daunting task, with so many options available in the market. When it comes to savings accounts, DBS Bank is a popular choice among Singaporeans. However, which DBS account is better for you? Let’s explore the two main options: DBS Multiplier and DBS Savings Plus. DBS Multiplier is a high-interest savings account that offers up to 3.8% p.a. interest rate, depending on the amount deposited and the number of eligible transactions made. The account requires customers to fulfil certain criteria to qualify for the higher inter...

INFRASTRUCTURE financing platform Bayfront Infrastructure Management has inked partnerships with 15 global banks in its first month of operations. DBS, OCBC, Citi, Standard Chartered, ABN-AMRO, BNP Paribas, and Santander are among the first banks from which Bayfront will...

Higher than expected credit losses and other impairment charges (ECL) dragged down HSBC’s H1 2020 profits by 69% to $3.1b, including a $1.2b impairment of software intangibles mainly in Europe, according to an announcement. Revenue slipped 9% to $26.7b on the back of interest rate cuts and market impacts in life insurance manufacturing and adverse valuation adjustments in global banking and markets, the bank said. Net interest margin went down 18bp to 1.43% for H1 whilst also declining to 1.33% for Q2 2020. Reported ECL hiked to $6.9bn as a result of the pan...

SINGAPORE (BLOOMBERG) - Charles Wong, Citigroup's former retail banking head in Singapore, has joined a new venture between Grab Holdings and Singtel that's competing for a digital bank licence. The Grab-Singtel joint venture said it's starting to fill critical roles because it will take time to build a new digital banking service in the South-east Asian financial hub. Mr Wong will be senior managing director of the digital bank as it starts up. "We remain committed to investing in and hiring talent despite the current Covid-19 situation," Grab and Singtel s...

Bank of India Singapore Swift Code The swift code of Bank of India Singapore: BKIDSGSG Bank of India Singapore is the second biggest Indian banking institution which is offering services in Singapore since the year of 1951. They are one of the reliable banking institutions which have the highest customer retention rates. This is maybe because they offer services to the limited audience due to the low amount of branches they launch in Singapore. They have only 2 branches but both of them are located in the most popular financial district of Singapore. In the ...

Why Are Piggy Banks Shaped Like Pigs? Have you ever wondered why piggy banks are shaped like pigs and why they are called "piggy" banks? Let's delve into the interesting history behind this common household item. The Origins of Piggy Banks The concept of saving money in a pig-shaped container dates back to the Middle Ages in Europe. During that time, there were very few options for saving money securely. People would often keep their coins in jars or pots made of various materials like clay or metal. Why Pigs? So, why did the pig become the symbol f...

```html Are Banks Open Today? Understanding Bank Operating Hours Whether you need to deposit a check, apply for a loan, or simply withdraw some cash, knowing the answer to "are banks open today" is crucial. Bank operating hours can vary significantly based on location and public holidays, making it essential to stay informed. In this blog post, we'll explore when banks are typically open and provide tips on how to find out their operating status. Understanding Standard Bank Operating Hours Most banks follow a standard schedule, but it's important to note that h...

OCBC Bank Singapore Swift Code Here is OCBC Bank Singapore Swift Code: OCBCSGSG OCBC Bank Singapore is one of the banking institutions in Singapore which is very trustworthy and has more than millions of clients in the country. The history of the bank is older than the history of Singapore and they offer various banking services to the most of the Singapore citizens for a very long time. Some of the banking services offered by the branches, ATM and the internet and telephone banking of OCBC Bank Singapore are credit cards, money transactions, currencies ...