Last December, the Federal Reserve, the U.S's. national bank, raised its benchmark loan cost without precedent for almost 10 years.
Yet, of late, there have been a large group of national banks from different nations –, for example, Japan and various European countries – that have started presenting negative financing cost arrangements.
Despite the fact that a negative loan cost is not an issue in Singapore right now, financial specialists might even now need to comprehend what it really is and how it may affect the organizations of neighborhood banks, for example, DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking CORP .
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