interest rates

UOB and OCBC Slash Interest Rates on Savings Accounts Starting May 1, 2025: What It Means for Your Finances

8 April 2025

UOB and OCBC, two of Singapore’s leading banks, have announced plans to reduce interest rates on their flagship savings accounts, effective May 1, 2025. This decision comes amid a shifting financial landscape where interest rates are being recalibrated in response

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