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

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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."

 

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