Bank Interest Rate
Economic growth to cushion rising risks faced by ASEAN banks
Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.
Economic growth to cushion rising risks faced by ASEAN banks
Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.
Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%
And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.
Maybank Singapore offers fixed deposit rates up to 3.05% per annum
The offer starts at a minimum placement of S$20,000 and a 6-month tenure.
CIMB Singapore raises deposit interest rate tenfold to up to 2% annually
StarSaver savings account holders can enjoy the new rate without any deposit caps.
RHB Singapore raises deposit interest rates to up to 5.5%
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.
Earnings remain key weakness of Japanese banks: Fitch
Impact of rising interest rates in the US will be mixed, the ratings agency said.
Higher rates to raise Asian bank’s net interest margins, but risks may intensify
Asset quality will not significantly deteriorate, but banks face risks if US rate hikes are larger than expected.
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