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Bank of Singapore to Open a Branch in Dubai
Bank of Singapore will be launching a branch in Dubai. The official launch is in the first quarter 2017. It has been granted a Category 4 licence to manage a branch in Dubai International Financial Centre (DIFC).
This allows them to offer a range of customised private banking solutions to its ultra high net worth clients.
News Source: Bank of Singapore Press Release
- Article continues below -
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About Bank of Singapore
Bank of Singapore is a Singapore-based private banking arm of OCBC Bank. Formerly known as ING Asia Private Bank, it was acquired by OCBC in 2010. The combined private banking businesses of IAPB and OCBC was subsequently named Bank of Singapore. The products and services include those offered by OCBC, such as Consumer Banking, Corporate Banking, Commercial and Real Estate Lending, Treasury Services, Investment Banking, Transaction Banking, and Stock Broking Service.
- Origin : Singapore
- Assets : SGD 390.1 billion
- Revenue : SGD 2.06 billion
- Employees : 850
Official Website: www.bankofsingapore.com
News & Media: Press Release
Updated on 8th August 2016
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