HSBC Singapore floats relief measures for mortgage, credit card customers

Submitted By:  Staff Reporter Case Study:  No The bank has halved the revolving interest rate for up to six months. HSBC Singapore has launched a series of support measures for its mortgage and credit card customers amidst the financial disruption caused by the COVID-19 outbreak, the bank announced in a press release. Property loan customers in Singapore can choose to defer repayment of their outstanding loan for six or twelve months. They are eligible for the scheme provided that they meet the criteria, which include having a good repayment history. read more