OCBC is the latest out of many banks in the two countries to organise events related to the JS-SEZ for their customers, in hopes of capturing incoming capital flows. (Photo by The Edge Singapore)
SINGAPORE (Dec 13): Oversea-Chinese Banking Corporation (OCBC) is the latest bank to announce new initiatives around the highly-anticipated Johor-Singapore Special Economic Zone (JS-SEZ) in an attempt to capture the rush of capital inflows.
On Dec 11, the Singapore bank said that it will set up a dedicated team of 25 bankers with 10 years of experience on average to support small and medium enterprises (SMEs) keen to grow their business in the zone.
15 bankers will be based in Singapore, and 10 in Malaysia, some of whom are already managing domestic investments on the ground, says Jeffrey Teoh...(click here for the full story on theedgesingapore.com).
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