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From:
South China Morning Post
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Singapore banks are so flush with cash that they’re struggling to work out what to do with it | South China Morning Post
https://www.scmp.com/news/asia/southeast-asia/article/3223205/singapore-banks-are-so-flush-cash-theyre-struggling-work-out-what-do-it
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japan
investing
central banks
singapore
banking & finance
us federal reserve
united overseas bank
The liquidity surplus underscores how Singapore has been a beneficiary of Asia’s wealthy shifting their money to a perceived safe haven, even as customers flock to lock in high interest rates on fixed deposits.
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