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Banking in Singapore

Thus, Retail Banking, is an important service sector for Singaporean consumers. The recession provides valuable information regarding the saving idiosyncrasies of consumers. According to Datamonitor research, Singaporean consumers in spite of their age and earning capacity tend to be more conventional in terms of making financial decisions. However, this does not mean that they do not utilize banking services to the fullest. According to the same research, an average person in Singapore holds 12 financial products. Singaporeans also value ethical banking highly with customer relationships being of very...
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