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Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
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Hence, fixed deposits became the preferred choice for Singaporeans to store their savings as they offer relatively higher interest rates as compared to an average savings account and yet are covered by Singapore's deposit insurance up to a maximum of $100,000 for each bank or finance company. SSBs are completely covered by government guarantee ...
It is an alternative to Singapore Interbank Offered Rate (SIBOR) which is a measure of the interbank money market rates. [1] As of December 2018, SOR is measured and published periods of overnight, 1 month, 3 month, and 6 month. Like SIBOR, SOR is set by the Association of Banks in Singapore, and is also publicly available. [2]
In 2004, Kersaf Investments Limited merged with Sun International to form Sun International Limited, the company that exists today. [5] In early 2015, Sun International sold its hotels in Botswana, Lesotho, Namibia and Zambia to Minor International. [6] Since mid-2015, these have been run as hotels of the Avani Group. [7]
This is a list of programmes produced and broadcast on Mediacorp Channel 5, a television channel in Singapore.The list includes those telecast when the Channel was operated by TV Singapura, Radio Television Singapore (RTS), Singapore Broadcasting Corporation (SBC), Television Corporation of Singapore (TCS) and current operator Mediacorp TV, including the HD5 from 2007 to 2015.
Singapore English in a Nutshell: An Alphabetical Description of its Features. Singapore: Federal Publications. ISBN 981-01-2435-X. Deterding, David (2007). Singapore English. Edinburgh: Edinburgh University Press. ISBN 978-0-7486-2545-1. Low, Ee Ling; Adam Brown (2005). English in Singapore: An Introduction. Singapore: McGraw-Hill Education (Asia).
Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.