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In the world of banking and finance, you might have heard the term "DBS" being used frequently. DBS stands for "Development Bank of Singapore," and it is one of the largest banks in Asia. The bank was founded in 1968 and was initially known as the "Post Office Savings Bank." Over the years, the bank has grown and expanded its services to become one of the leading banks in the world. The DBS bank provides a wide range of financial products and services to its customers. It offers retail banking, corporate banking, and investment banking services, making it a one...

Internet banking has become an essential part of our lives. With the advent of technology, it has become easier to conduct transactions and manage finances online. DBS, one of the leading banks in Singapore, offers an efficient and user-friendly internet banking platform that allows customers to manage their accounts and conduct transactions with ease. In this blog post, we will discuss how to apply for DBS internet banking. Step 1: Visit the DBS website The first step to applying for DBS internet banking is to visit the DBS website. You can access the websi...

AIG Singapore (AIG Asia Pacific Insurance Pte) may be a wholly-owned subsidiary of AIG – a world leading insurance services provider serving quite 70 million clients round the world. In Singapore, AIG serving customers since 1953, being one among the most important General Insurance companies within the country, providing a comprehensive range of insurance packages, aimed to guard both individual consumers and commercial clients. AIG’s innovative solutions covering customers’ Auto, Home, Travel, Personal Accident, Professional Liability, Employer Liability,...

LONDON (BLOOMBERG) - Problem loans at some of Standard Chartered's large clients may top US$600 million (S$854 million) as a string of corporate scandals coincides with woes at firms hit by the coronavirus pandemic. NMC Health, the hospital operator that's uncovered evidence of fraud, and Hin Leong Trading, the Singapore oil trader being investigated by police, represent nearly US$500 million of lending for Standard Chartered, according to public filings. Separately, a South African farm bank that the London-based company lends to has defaulted on some of its d...

```html Understanding How Home Equity Loans Work Home equity loans have become a popular financial tool for homeowners looking to leverage the value of their property. But how do home equity loans work, and what should you know before considering one? In this comprehensive guide, we’ll break down the essentials of home equity loans, their benefits, potential risks, and the process involved in obtaining one. What is a Home Equity Loan? A home equity loan is a type of loan that allows homeowners to borrow money by using the equity in their home as collateral. Equ...

SINGAPORE - Dough fritter company Xi De Li director Adrian Koh used to spend about 20 minutes at each of his customers' stalls around Singapore to collect and count his payment. He makes about 10 visits a day before bringing the money back to his office in Kaki Bukit where staff from the finance department will spend about six hours of their workday collating the cash brought in and printing out invoices, among other duties.

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UOB Bank Singapore UOB Bank Singapore is the third largest banking institution in Singapore which established in 1935. The bank offers services to millions of Singapore residents with all means of banking operations including the debit cards, credit cards, loans, and insurance. In addition to these, you can perform national and international money transaction to any bank you want. They offer services to both individual and retail clients including special services for the each customer segment. Besides being the third largest bank in Singapore, this bank is kno...

Citibank Singapore Swift Code Here is the Citibank Singapore Swift Code: CITISGSGGCB Citibank Singapore is the oldest and most reliable foreign bank that is operating in the nation since 1902. They have served millions of clients and it seems like they will keep serving to them no matter what happens. They know how to please their customers and they have adopted the American-style banking and services but they managed to harmonize it well with the needs of Asian people as well as the tourists visiting the area. They have more than 1500 touch points all a...

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...

COPENHAGEN (BLOOMBERG) - Danske Bank will cut 1,600 jobs as part of its ongoing effort to save money amid spiraling compliance costs and long-term negative interest rates. "It is never easy to reduce the number of colleagues, and we will do our best to ensure that we do this in the most decent and respectful way," chief executive officer Chris Vogelzang said in a statement on Thursday (Oct 8). "However, we need to adapt to the structural changes that the financial sector is experiencing." Danske is still being investigated for a vast money laundering scandal...

Singapore is home to a number of prominent banks that offer a wide range of services to individuals, businesses, and corporations. These banks have established a strong presence in the market and are known for their stability, security, and quality service. DBS Bank is one of the most prominent banks operating in Singapore and is the largest bank in the country. It provides a full range of services including retail, wealth management, and corporate banking. OCBC Bank is another prominent bank in Singapore and is the oldest bank in the country. It offers a wide ...

BNP Paribas Singapore has been present in the country since 1968. BNP Paribas Singapore currently employs more than 2 thousand 200 people. The bank offers services and products such as wealth managament, financing solutions, capital markets and advisory. BNP Paribas Singapore is the Group’s hub for Southeast Asian market which are Singapore, Malaysia, Thailand and Vietnam. BNP Paribas Singapore Awards and Ranking BNP Paribas Singapore awards has been recognised in entire Asia Pacific region. BNP Paribas Singapore awarded with the most prestigious awards in ...

What Are Interest Rates for Home Loans? When it comes to purchasing a home, one of the most crucial factors to consider is the interest rate on your home loan. Understanding how interest rates work in the context of home loans is essential for making informed decisions about your mortgage. In this blog post, we will delve into the details of interest rates for home loans and how they can impact your finances. Types of Interest Rates for Home Loans Interest rates for home loans can vary depending on the type of loan you choose. There are generally two main types...

DBS Bank is a well-known financial institution based in Singapore that provides a wide range of financial products and services to its customers. One of its key offerings is its internet banking platform, which enables customers to access their accounts and perform transactions online from anywhere and at any time. If you're a DBS Bank customer and are looking to learn how to log in to your internet banking account, this blog post will guide you through the process. Step 1: Access the DBS Internet Banking Login Page The first step to logging in to your DBS i...