OCBC joins DBS-UOB in New Launch price war

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OCBC joins the BUC new launch price war at a descending rate of 0.7% and ending at 0.55% in year 4.

for me, I am now vested in a small cap ang moh bank with lower risk and higher return than these big sinkie 3 banks. the share price of this bank does not care about the broad market. It is a simple deposit and loan bank. no need worry about what toxic assets. no need to worry about the bank CEO got big ego and and do funny acquisitions.(like.

 · OCBC joins DBS-UOB in New Launch price war. As the rates were already 0.6% (with conditions to buy mortgage insurance) and 0.65% (No conditions) were already very low, we speculated that no new player will join the fray and if they did, they would most likely only “Match” the rates and not go lower.

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urn:newsml:reuters.com:*:nS0N21R01C "Despite the increase in gold prices (on Monday), technicalanalysis suggests that downward pressure on the yellow metalcontinues to manifest," OCBC analysts said in.

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OCBC, however, is a strong AAA rated brand. Mr Dixit said it would be an interesting space to watch for the next 2-3 years as UOB tries to topple them from their numer 2 position in Singapore and in Asean. Of the total 36 AAA rated (brand strength rating) bank brands globally, 6 are from Asean, with DBS and OCBC both being AAA rated brands.

SimplyJesMe: DBS Multiplier vs POSB, OCBC, UOB, BOC. To get more than UOB One account interest at 2.43% or OCBC 360 at 1.85%, you will have to transact more than $15,000 a month. Who is it beneficial to 1) For people who earn more than $15k – The high bonus interest at 2% to 3.5% is quite lucrative.

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