Daily Archives: 2017-08-08

Are Singapore banks transferring interest rate risks to consumers?

by Paul Ho (iCompareLoan.com) OCBC follows hot on the heels of DBS and UOB to launch a new fixed deposit rate pegged package A bit of recap of how all such rates came about. DBS created the market’s first Pegged to Fixed Deposit Rate package in 2014. They called in Fixed Home Rate. Please note that “Fixed Home Rate” is not a …

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