None-resident deposits in Singapore jump 44% to record S$62b in April

Non-resident deposit are flowing into Singapore at an alarming rate. With such a low interest rate environment, the deposits should not be just sitting inside the bank but rather looking for investment opportunities. The Avenir will be one of the top choices for investors because of its sheer advantage in location.

Source: https://www.businesstimes.com.sg/banking-finance/non-resident-deposits-in-singapore-jump-44-to-record-s62b-in-april

 

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