Covid-19 drives investment sales online: DBS, OCBC, UOB

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

SINGAPORE - Bank customers are increasingly going online to invest in the wake of social distancing measures that are keeping them out of branches.. Read more at straitstimes.com.

SINGAPORE - Bank customers are increasingly going online to invest in the wake of social distancing measures that are keeping them out of branches.

DBS also noted that the number of CPF Investment Account openings increased around 700 per cent between January and March compared with the same period last year, while supplementary retirement scheme account openings almost doubled. "Similarly, investments using our Robo-Invest service grew 60 per cent in the same period," he said."We are progressively enabling our financial consultants to advise people remotely over phone and over video."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines