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
Add BT as a preferred source
Tay Peck Gek
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.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Upbeat outlook for CDL, UOL after strong H1 earnings
