Citibank Singapore launches digital-only offering to woo younger affluent clients

SINGAPORE – Citibank Singapore has launched a digital wealth offering that lets customers earn interest of up to 2.8 per cent a year. The Interest Booster Account on the bank’s new Citi Plus on its mobile app pays interest in five categories: spending, investing, insurance, mortgage and savings. Customers can earn bonus interest ranging from […]

Logistics, student housing assets a boon for Mapletree amid rising inflation, interest rates

SINGAPORE – Deepening its exposure to resilient asset classes such as the logistics and student accommodation sectors has paid dividends for Mapletree Investments amid rising inflation and interest rates, persistent supply chain disruptions and geopolitical instability. The Temasek-linked property developer and manager’s net profit for the financial year ended March 31 jumped 6.2 per cent […]

Grab-Singtel digital bank to launch savings account offering daily interest on Sept 5

SINGAPORE – Singapore’s digital retail banking scene is set to sizzle as players fight to roll out their offerings with GXS Bank firing the first salvo. Backed by Grab and Singtel, the digital bank, which is allowed to serve retail and corporate clients, on Wednesday unveiled its first financial product – the GXS Savings Account. To encourage […]