News Update, BT 06 August 2020: Borrowers in jobs at risk face tighter processing for new home loans
Seems like the banks are enhancing their ‘risk management’ for this Pandemic affected economy. This is not unexpected as reports from Bloomberg has also mentioned that “Singapore Banks Post Profit Declines on Mounting Provisions”. https://www.bloomberg.com/news/articles/2020-08-05/dbs-profit-falls-for-second-quarter-on-mounting-provisions?srnd=premium-asia The Planning The advocacy of detailed and robust financial planning is of the utmost importance when you are planning to …