Wealth and Asset Management
SINGAPORE: Emergence of affluent class as banks target young professionals
Wealth management is seen as a key growth area for banks. Most lenders, which offer priority banking services, benchmark S$200,000 as the minimum balance requirement to target the high net-worth market. However, some Singapore banks are trying to steal a march on their competitors by targeting younger professionals and businessmen,…
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Click here to read the full story: Channel News Asia