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The former POSB Centre, headquarters of POSB in the 1980s, now known as the NTUC Trade Union House. In 1971, it was announced that the bank would become a statutory board under the Ministry of Communications. The Post Office Savings Bank Bill was passed in Parliament on 30 July 1971 and the bank ceased to be a branch of the Postal Services ...
As of 31 December 2015, POSB had total assets valued at US$133.7 million, with $63.81 million in customer deposits and made an after-tax profit of US$7.9 million in the calendar year 2015. [ 2 ] As at that time, the bank had over 500,000 savings accounts, maintained 34 brick and mortar branches, [ 3 ] operated 220 agency branches through ...
A bank branch can be identified from the bank code. Denmark has 4-digit bank code (called Registreringsnummer, or Reg. nr.). France has a 10 digit code, the first 5 digits contain the clearing identifier of the banking company (Code Banque), followed by the 5-digit branch code (Code Guichet). Both numbers are only used as a combined prefix for ...
POSB - Post Office Savings Bank (now known as POSBank) PP - Public Prosecutor (see also "APP" and "DPP") or Parkway Parade; PROGRESS - Providing Opportunities through Growth, Remaking Singapore for Success; PS - Plaza Singapura; PSA - Port of Singapore Authority (now known as PSA International) PSC - Public Service Commission
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.
The sort code is usually formatted as three pairs of numbers, for example 12-34-56. It identifies both the bank (in the first digit or the first two digits) and the branch where the account is held. [1] Sort codes are encoded into International Bank Account Numbers (IBANs) but are not encoded into Business Identifier Codes (BICs).
POSB may refer to any of the following: POSB Bank - a financial services provider in Singapore; formerly Post Office Savings Bank People's Own Savings Bank - a savings bank in Zimbabwe; formerly Post Office Savings Bank
People's Own Savings Bank (POSB), state-owned; African Century Ltd, part of the African Century Group (Mauritius) EmpowerBank Ltd, state-owned; GetBucks Microfinance Bank Ltd; InnBucks Microbank Ltd; Lion Microfinance Ltd; Success Microfinance Bank; Zimbabwe Women Microfinance Bank, state-owned; Infrastructure Development Bank of Zimbabwe (IDBZ ...