The Business Times
business-time-50
SUBSCRIBERS

DBS to make second cut on Multiplier account rates this year

google-preferred-sourceAdd BT as a preferred source
Published Wed, Jul 1, 2020 · 09:50 PM

    Singapore

    AMID weaker interest rates and an inflow of resident deposits due to macro uncertainties, Singapore's largest lender DBS will again this year cut rates on its flagship deposit account from Aug 1.

    This comes two months after a set of rate revisions for the Multiplier account that took effect on May 1.

    DBSSingapore banksInterest rates

    TRENDING NOW

    The price paid for the Shi family’s latest bungalow purchase in Cluny Hill works out to S$2,295 psf on a land area of 37,036 sq ft.

    Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    “The era of impunity is ending,” Indonesia's President Prabowo Subianto said.

    Prabowo’s biggest crackdown on tycoons shocked his own officials

    Evidence showed the parties intended the 99-1 ratio to reflect both their legal and beneficial ownership of the property.

    Apex court rejects resulting trust claim in 99-1 condo dispute

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More