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Press releases • Oct 01, 2020 08:00 +08
Press releases • Sep 02, 2020 07:01 +08
Amid a global recession, 2020 will see the sharpest fall in global E&M revenue with a decline of 5.6% from 2019 – more than US$120bn in absolute terms. In Singapore, the expected decline is 5.0% from 2019, valued at approximately US$274mn. While the shockwaves from 2020 will continue to ripple through the global economy, forecast shows the industry’s fundamental growth trajectory remains strong.
Majority of customers likely to stick to existing primary banking relationship after opening digital bank accounts, PwC study
Press releases • Feb 10, 2020 00:01 +08
A PwC study of over 1,500 customers in Singapore found that 67% of customers will continue to use their existing account as their primary account. 71% of customers have at least one pain point with their bank today and those with more than three pain points are more likely to open a digital bank account.