European Banks' Branches and ATMs in News

Singapore has become the largest foreign exchange center for Asia

Singapore has become the largest foreign exchange center for Asia Singapore became the largest center of Asian currency trading, surpassing in this unique championship Japan.

Bank for International Settlements estimates that the average daily trading volume in the currency of the country have grown over the past three years by almost 50% and in the I quarter of this year totaled $ 383 billion, this figure is the first in the Asian region, Japan was in the lead up to this. Read more »

Singapore is becoming more attractive

Singapore is becoming more attractiveSingapore expects an economic boom in Southeast Asia by attracting investment, as at the same the government takes measures to reduce foreign labor, increases costs for salaries and companies increasingly difficult to fill vacancies. Read more »

Singapore OCBC Bank again the strongest in the world

Singapore OCBC Bank again the strongest in the worldOne of the most stable banking organizations in the world as rated by Bloomberg Markets in this year’s Singapore bank Oversea-Chinese Banking Corp. OCBC Bank was selected from 78 other banks in the world with assets of at least $100 billion. Read more »

Singapore’s economy grew by 3.7% in 2013

Singapore economy grewSingapore’s economic growth rate accelerated in 2013, according to Prime Minister of Singapore Lee Hsien Loong. Read more »

Opening an account in OCBC bank Singapore

Opening an account in OCBC bank Singapore

The Oversea-Chinese Banking Corporation is the oldest and most respected bank in the Singaporean market. It was formed in 1932 during the Great Depression as a result of the merger of three Singapore financial institutions: China Commercial Bank, Ho Hong Bank, and Oversea-Chinese Bank.
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In 2013, in Singapore unemployment rate was 1.8 %

Singapore unemployment rateThe overall unemployment rate in Singapore was 1.8% in the IV quarter of 2013, and thus has not changed compared with three months earlier, as evidenced by the official data. Read more »