Singapore bank deposits jump as Hong Kong, virus sow uncertainty
A record jump in money flowing
into Singapore bank accounts from abroad underlines the
city-state’s safe haven appeal during the COVID-19 pandemic and
political uncertainty in rival financial centre Hong Kong,
analysts say.
into Singapore bank accounts from abroad underlines the
city-state’s safe haven appeal during the COVID-19 pandemic and
political uncertainty in rival financial centre Hong Kong,
analysts say.
Posted by Reuters
