New digibanks may push interest rates higher, but not for reckless market grab: MAS

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New digibanks may push interest rates higher, but not for reckless market grab: MAS_sg

NEW digital banks in Singapore could push interest rates higher amid heightened competition, said managing director of the Monetary Authority of Singapore Ravi Menon. But this does not swing into predatory behaviour so long as the digital banks do this with profitability in mind.

 

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:

 /  🏆 15. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines