Shares & Derivatives
One of the best banks in Singapore: DBS Bank
By Learn To Invest  •  July 16, 2022
DBS provides a variety of commercial banking and financial services, mostly in Asia. Consumer Banking and Wealth Management, Institutional Banking, Treasury, and others are among the company’s operational segments. Back in 2020, DBS, or indeed the whole Singapore market, took far longer to recover than its counterparts in the United States. Because interest rates are near 0%, the prognosis for DBS becomes hazy. The Monetary Authority of Singapore (MAS) has also requested that Singapore banks pay lower dividends to shareholders in order to buffer capital during the COVID-19 issue, which may turn off potential investors. DBS Bank, the darling among Singapore’s major banks (UOB and OCBC), is extremely dear to every Singaporean’s heart. This is because, for the majority of us, the first bank account we may open is, more often than not, a DBS account. Moreover, DBS is a state-owned bank. With over 28.9% of DBS shares owned by Temasek Holdings, Singapore’s 2nd largest sovereign fund....
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By Learn To Invest
Not an investment genius, but someone who is learning and sharing my findings on personal finance and investing. I have amassed my knowledge through internships, amazing mentors and books. I developed this blog to document my investment path and demonstrate to the general public that anyone can learn to manage and increase their own money with the right framework of investing and thinking. In that spirit, I intend to share my thoughts and opinions as open as possible in this blog. Because of familiarity and my knowledge with the SG companies, I began my investing in SG markets in 2019. I eventually expanded to invest in the Hong Kong and the United States markets.
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