Singapore UOB Bank Savings account earns depositor ~ 0.046% per annum of compound interest rate (calculated per month). If you have sgd 1000, you would earn average per month ~ sgd 0.038 and a total of sgd 0.42 per year (or 40 cent).
In summary, sgd 1000 in the bank gives you 40 cent after a year (rough estimate).
Note that the interbank rate in Singapore is very low at around this value.
Monday, August 11, 2014
Singapore UOB Bank Savings account compound interest rate per annum is circa 0.046%
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consumer interest,
Information,
Singapore
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