OCBC, Maybank offer new solutions to small businesses

Singapore

EVEN as small and medium-sized enterprises (SMEs) continue their uphill climb in today's rough business conditions, banks are clamouring to tap this segment with more product offerings to meet their needs.

OCBC Bank has launched a new current account targeted at new businesses, with the lowest initial deposit of S$500, and a minimum average monthly account balance of S$3,000.

The …