Personal Loans Bukit Panjang

Founded on January 1, 1877 as the Post Office Savings Bank (POSB), the bank was part of the Postal Solutions Department in the Straits Settlements and was set up by the colonial federal government to provide banking services for lower-income citizens.Following the end of World War II and the dissolvement of the Straits Settlement, the 1948 Cost savings Bank Ordinance came into effect and in 1949, POSB was separated from the other post workplace cost savings banks in Malaya, with the bank’s liabilities and possessions split in between Singapore and the Federated Malay States. After the separation from 1949 to 1955, total deposits of the bank increased from M$ 27.4 million to M$ 57.6 million and in 1951, the bank had its 100,000 th depositor.

POSB Bank (or merely known as POSB) is a Singaporean bank offering customer banking services and is the oldest bank in constant operation in Singapore. Established on January 1, 1877 as the Post Office Savings Bank, the bank now runs as part of DBS Bank, which obtained the organization and its subsidiaries on November 16, 1998.

Prior to its acquisition, the bank was a significant public bank offering low-priced banking services to Singaporeans. DBS Bank tries to continue this tradition by guaranteeing to keep expenses low for basic savings accounts, and to exempt children, full-time students below the age of 21 years and full-time National Servicemen from bank charges.

Oversea-Chinese Banking Corporation Limited, abbreviated as OCBC Bank, is an openly noted financial services organisation with its head office in Singapore. In 1932, 3 banks– Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919), combined to form Oversea-Chinese Banking Corporation under the leadership of Tan Ean Kiam and Lee Kong Chian. In the subsequent decades, the bank broadened its operations and ended up being the biggest bank in South East Asia.

OCBC’s Indonesia subsidiary, Bank OCBC NISP, has 630 branches and workplaces.

In 1932, three banks– Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919), combined to form Oversea-Chinese Banking Corporation under the leadership of Tan Ean Kiam and Lee Kong Chian. In the subsequent years, the bank broadened its operations and became the biggest bank in South East Asia.

United Overseas Bank Limited (commonly known as UOB) is a Singaporean multinational banking organisation headquartered in Singapore on August 6, 1935, businessman Wee Kheng Chiang, together with six other buddies, established the bank after raising S$ 1 million. In 1965, the bank was renamed to United Overseas Bank and opened its first overseas branch in Hong Kong.