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Commercial banks. 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.
When UOB acquired the Overseas Union Bank in January 2002, the operations of the branches in Brunei was handed over to UOB. On 1 October 2005, the bank relocated its branch office in Bandar Seri Begawan. In 2015, UOB sold its retail banking business to Baiduri Bank Berhad for S$65.044 million. The bank currently provides a full range of ...
One Raffles Place is a skyscraper in Downtown Core, Singapore. The development comprises two towers and a podium. The 280 m (920 ft) tall Tower One and the 38-storey Tower Two house offices, while the podium contains retail space. Initially conceived in the late 1970s as Overseas Union Bank Centre, the headquarters of Overseas Union Bank (OUB ...
The Development Bank of Singapore, often known as DBS Bank Limited, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before ...
The National Trades Union Congress (NTUC), also known as the Singapore National Trades Union Congress (SNTUC) internationally, is the sole national trade union centre in Singapore. NTUC is at the heart of the labour movement of Singapore , comprising 59 affiliated trade unions, 5 affiliated trade associations, 10 social enterprises, 6 related ...
Union Investment ( German pronunciation: [uˌni̯oːn ɪnˈvɛstmɛnt] ⓘ; formal name Union Asset Management Holding AG) is the investment arm of the DZ Bank Group and part of the cooperative financial services network. It was founded in 1956 and is headquartered in Frankfurt . Trading in open-end funds occurs in part through the 1,101 credit ...
OCBC was created in 1932 during the Great Depression with the consolidation of three predecessor banks, the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917), and the Oversea-Chinese Bank Limited (incorporated in 1919). OCBC has total assets of S$ 560 billion at the end of 2022, [8] making ...
US$ 27.236 billion (2019) [2] Number of employees. 1,400 (2016) [3] Website. www .sc .com /sg /. Standard Chartered Singapore (officially Standard Chartered (Singapore) Limited) is the Singapore based subsidiary of British banking and financial services company, Standard Chartered. Opening its first branch in 1859, the bank is one of the oldest ...