at a fixed interest rate. In theory, a Term Deposit is the same as a Fixed Deposit. You lock your money for a fixed tenure. However, unlike Fixed Deposits, where you can opt for cumulative and non-cumulative interest payments, banks pay interest on Term Deposits only ...
For Basic Savings Interest Rate details, please refer to https://www.dbs.com.hk/personal/ratesfees-tiered.page. DBS e$aver Deposit Promotion for Selected individual Customers (October 2024) ("Promotion") Terms and Conditions General Terms and Conditions 1. The Promotion runs from 16 October ...
The market values of securities issued at a substantial discount or premium to their nominal amount tend to fluctuate more in relation to general changes in interest rates than do prices for conventional interest-bearing securities. Generally, the longer the remaining term of the securities, the ...
s lock-in period with the new term loan, especially if the new loan is only a small amount, otherwise, for whatever the reasons you needed the fund, DBS will exploit you to the maximum unreasonably regardless of the market interest rates environment like the experience I have just ...
I have Long Term Trade Facility/ Letter of Credit/ Bank Guarantee / Business & Govt. scheme loans. Do I need to do anything? The accounts will get migrated seamlessly and there is no further action required from your end. Are there any additional interest rates on Fixed deposits for Se...
When choosing the ideal Fixed Deposit (FD), you must consider the following things: Tenure: Select a term that corresponds with your financial objectives. While lengthier tenures may result in higher interest rates, shorter tenures provide greater flexibility. ...
(unaudited) 6 Net trading income In HK$ millions For the six months ended 30 June 2022 30 June 2021 Net trading income – Foreign exchange – Interest rates, equities and others 587 514 164 12 Net gain from financial instruments designated at fair value 751 6 526 8 757 ════ 534 7...
Ltd, which was more than 11 times subscribed, and for China Force, an edible oil manufacturer which sold HK$295 million worth of shares to the public. In syndicated finance, DBS was sole arranger for a US$215 million syndicated term loan facility for Hebei Pan Asia Long-teng Paper Co ...
DBS Bank has received a long-term rating of "AA-" from Fitch Ratings, a long-term deposit rating of "Aa1" from Moody's and a long-term counterparty credit rating of "AA-" from Standard & Poor's. The Preference Shares have been rated "A" by Fitch, "A3" by Moody's and "A" by...
payable quarterly HK$100m 1.91%, payable quarterly HK$100m 1.50%, payable quarterly HK$100m 2.33%, payable quarterly HK$150m 7.85%, payable quarterly HK$190m 1.645%, payable quarterly HK$200m 8.30%, payable quarterly HK$200m 1.33%, payable quarterly HK$200m 2.38%, payable quarterly Dec...