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Reaching its peak in 1955, the bank had a slow decline from 1957 to 1966, where the total deposits decreased to M$37.4 million. [7]After Singapore's independence in 1965, the country went through a rapid industrialisation programme.
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.
One Raffles Place is a skyscraper in Downtown Core, Singapore. The development comprises two towers and a podium . The 280 m (920 ft) tall Tower One and the 38-storey Tower Two house offices, while the podium contains retail space.
One Raffles Quay (Chinese: 莱佛士码头一号) is an office building complex located at Raffles Place, the central business district of Singapore. Designed by Kohn Pedersen Fox, One Raffles Quay (ORQ) consists of the 50-storey North Tower and the 29-storey South Tower, totalling about 1.3 million square feet of office space. The building was ...
Modern-day Raffles Place, the financial heart of Singapore. The first underground car park in Singapore was constructed in 1965 under Raffles Place. It was replaced in the 1980s by the Raffles Place MRT station, which opened in December 1987. [14] [15] The station entrance features details from the 1911 facade of the old John Little building. [3]
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
Marina Bay Financial Centre. Tower 1 is being fully leased to international banking and financial institutions such as Standard Chartered bank, the anchor tenant occupying 500,000 square feet (46,000 m 2) of the office space, Baker McKenzie, Raffles Quay Asset Management, Societe Generale and Wellington Management Company. [8]
Post Office Savings Bank is a name used by postal savings systems in several countries, including: New Zealand, later renamed the PostBank; United Kingdom, later renamed the National Savings and Investments; Singapore, later renamed POSB Bank; Kenya, also known as the Kenya Post Office Savings Bank; Austra, also known as the Österreichische ...