Wednesday, June 25, 2014

New liquidity rules for banks to start taking effect from Jan 2015
Published on Jun 24, 2014 8:39 PM

It is good that the Government is ensuring even more prudent measures to protect the depositors as well as ensuring banks (especially those venturing abroad with higher risk profile) to be more prudent in their investment and business venture - instead of taking more mindless and too risky venture.

This will ensure a more sound financial system in Singapore.

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