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Interest Rates of Banks and Finance Companies

Wayne Koh (May 28th, 2008) Writes:

In the recent months, interest rates of Banks and Finance Companies in Singapore have been trending downwards.

Here are two reports from Straits Times and AsiaOne:

1) March 24, 2008
Singapore interest rates likely to fall further Fed cut and robust Sing$ could push interbank lending rate below 1%
By Nicholas Fang
SINGAPOREANS can expect cheaper mortgages but lower savings and fixed deposit


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