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Banks see gold in silver economy; more launching dedicated schemes

Maybank latest to target sector with integrated programme; it also moves eligibility bar earlier by 5 years to age 50

 Tay Peck Gek

Tay Peck Gek

Published Mon, Jun 17, 2019 · 09:50 PM

    Singapore

    BANKS are finding gold in Singapore's silver economy as they help the ageing population plan for their lifestyle, wealth and health needs.

    Following recent moves by OCBC and Standard Chartered Bank, Maybank is the latest to woo seniors, but the Malaysian bank has gone one step further: it has set the eligibility age at 50 - five years earlier than that at the other two banks.

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