OCBC Opens Ringgit Savings As Malaysians Hold 36% Of Cross-Border Banking
Photo: The Rakyat Post
OCBC now lets Singapore customers hold up to RM50,000 in ringgit, as Malaysians account for 36% of cross-border banking customers in Singapore. Malaysian banks are also racing to win the country's affluent clients.
From the original report
Malaysia's growing affluent segment accounts for 36% of cross-border banking customers in Singapore, according to a report released on 22 October by Citi Wealth and research firm RFI Global.
Citibank Singapore chief executive Yeo Wenxian, who also heads wealth for Asia South, attributed Singapore’s appeal as a wealth management centre to its stable operating environment and strong connections to global markets.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at The Rakyat Post
The Rakyat Post
Read the full translated article in Japanese →
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About this story
- Source
- The Rakyat Post
- Originally published
- Oct 28, 2026
- Updated here
- Oct 29, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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