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Union Bank of Colombo PLC is one of the top five banks in Sri Lanka in market capitalization as well as one of the country's fastest growing Financial Services Groups. [4] As of 31 October 2017 [update] , the bank operated 66 branches and 121 automatic teller machines (ATM) across the island nation. [ 4 ]
It is one of the "Big Three" local banks in Singapore, along with Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB). DBS is the largest bank in Southeast Asia by assets and among the largest banks in Asia, with assets totaling S$739 billion as of 31 December 2023.
In March 2021, the ICRA Lanka Limited reaffirmed the credit rating of Sri Lanka Savings Bank to BBB− with immediate effect. [ 4 ] Sri Lanka Savings Bank generated a Profit After Tax amounting to Rs. 445 million for the financial year ending 31 December 2022 and the bank recorded a significant increase in Profit After Tax by 74 percent from ...
DBS reported record full-year profits on Wednesday, but also slashed the pay of senior executives following several major disruptions to online services.
At the conclusion of its third rate-setting policy meeting of the year on May 1, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50%, marking ...
Here are answers to some of the most frequently asked questions about saving vs. investing. ... This is a savings vehicle that offers a higher interest rate than a bank savings account because the ...
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.