Complaints against banks and insurers on the rise
Financial disputes centre sees 29% rise in complaints from 2015; banks, finance firms top the list with 38%
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE number of consumers who have grievances against financial institutions (FIs) in Singapore has grown, says data from the Financial Industry Disputes Resolution Centre Ltd (Fidrec).
Between July 2015 and June 2016, the centre handled 1,162 complaints, up 29 per cent year on year.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
