UOB to slash interest rate on One Account

Anna Maria Romero
Tue, 02 Apr 2024 07:00:38 +0000
Singapore News, Interest rates, UOB

SINGAPORE: In Singapore news today, UOB, one of Singapore’s biggest banks, announced in a letter to its account holders that it would be cutting interest rates on its flagship UOB One account starting from May 1, 2024, to “align with long-term interest rate environment expectations.” UOB is the first local bank to lower interest rates. …