Financial Markets and Institutions in Singapore

Financial Markets and Institutions in Singapore

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A reference covering Singapore's financial sector and the its strategy for becoming a financial center of global importance. Financial institutions are described in detail, as are the operation of the key markets and Singapore's regulatory institutions and strategies. This edition highlights developments in Singapore's financial services industry.Other banks include multiple links with the holdera#39;s fixed deposit account, overdraft facilities and credit card activities. ... These facilities are offered by banks with an Asian Currency Unit (ACU) licence granted by the Monetary Authority of Singapore. ... In OCBC, depositors of Al-Wadiah Accounts receive dividends and the funds are invested in halal instruments approved by the Islamic Banking andanbsp;...

Title:Financial Markets and Institutions in Singapore
Author:Chwee Huat Tan
Publisher:NUS Press - 2005-01


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