CPF members who are using their CPF savings to pay the housing loan installments for their HDB flats have to be insured under the HPS. 3.1.7.4 Asset Enhancement Members who wish to invest their CPF savings can do so through the CPF investment scheme (CPFIS). The scheme gives CPF members ...
CENTRALPROVIDENTFUND（CPF）,SINGAPORE SINGAPORE 1.0BACKGROUND The Central Provident Fund (CPF) was established in 1955 as a compulsory social security savings scheme to provide financial security for workers in their retirement or when they were no longer able to work. Over the years, it has ...
So similar to the other local banks, we have 50% to 60% of our loan portfolio is fixed rate, but it is funded by a very strong, large and stable core deposit base. So our current modeling in, say, plus 100 rate environment has net interest income increasing about 5%. That modeling ...