Singapore

The funding was the highest for a first-half period since 2019, but 15% lower than in H2 2021

It will run for 2 years and provide incubation support to institutions.

StarSaver savings account holders can enjoy the new rate without any deposit caps.

Members can enjoy a complimentary welcome cocktail when they visit.

A total of S$400m was invested by its shareholders, the neobank said.

It attributed this to the “recent spate of competitive rising rates by local banks.”   RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.

It has launched a savings account with a customizable pockets feature.

The bank bagged five major awards for their business projects and initiatives. 

The facility is collateralized by SME loans by Validus’ Singapore arm.

This is despite MAS moving to tighten retail investors’ access to crypto.

The features will be rolled out to clients outside of Singapore, Hong Kong at a later stage. 

It will use the money to extend more loans to SMEs in Southeast Asia.

The number of BTC and ETH bought also rose by over 50%.

A total of 32,000 OCBC customers are expected to participate in the study.

Processes affected include the creation of invoices, uploading and validation of supporting documents. 

Digitalisation shouldn’t just be limited to processing automation – it can significantly  improve customer experience.