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POSB Bank, often known as POSB, is a Singaporean bank offering consumer banking services and is the oldest local bank in continuous operation in Singapore. [1] Established on 1 January 1877 as the Post Office Savings Bank (Chinese: 郵政儲蓄銀行; pinyin: Yóuzhèngchǔxù Yínháng) [2], it currently operates as part of DBS Bank after being acquired on 16 November 1998.
Formerly known as Post Office Savings Bank, it was established on 1 January 1877 at the General Post Office Building in Raffles Place by the Straits Settlements government. [16] By 1976, POSB had one million depositors, while deposits crossed the S$1 billion mark.
Merged into Oversea-Chinese Banking Corporation and renamed Singapore Island Bank. Not to be confused with the current Bank of Singapore which is renamed from ING Asia Private Bank. [ 3 ] Chung Khiaw Bank Limited. 崇僑銀行有限公司. Singapore. 1999. Merged into United Overseas Bank. Far Eastern Bank Limited.
Raffles Place. Raffles Place is the centre of the Financial District of Singapore and is located south of the mouth of the Singapore River. [1] It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone of Singapore in Raffles Town Plan. It was renamed Raffles Place in 1858 and is now the ...
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. Initially conceived in the late 1970s as Overseas Union Bank Centre, the headquarters of Overseas Union Bank (OUB ...
DT17 Downtown. NS27 CE2 TE20 Marina Bay. The Marina Bay Financial Centre (MBFC) is a mixed-use development located along Marina Boulevard and Central Boulevard within the Downtown Core of Singapore. It consists of three office towers, two residential towers and retail space at Marina Bay Link Mall, occupying a 3.55-hectare (8.8-acre) site. [2]
United Overseas Bank Limited (simplified Chinese: 大华银行有限公司; traditional Chinese: 大華銀行有限公司; pinyin: Dàhuá Yínháng Yǒuxìan Gōngsī; Pe̍h-ōe-jī: Tāi-hôa Gûn-hâng Iú-hān Kong-si), often known as UOB, is a Singaporean regional bank headquartered at Raffles Place, Singapore, with branches mostly found in Southeast Asia countries.
The tower is located adjacent to the Bank of China Building [5] and faces the Singapore River. It is a class-A office building and houses the offices of several multi-national companies. [citation needed] The development had a net floor area of 46,060 m 2 (495,800 sq ft), as of 30 June 2007, [6] and has direct access to Raffles Place MRT station.