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Moody’s assigns inaugural ratings to Bank of Singapore

Bank of Singapore, a wholly owned private banking subsidiary of OCBC, announced today (May 24) that Moody’s has assigned inaugural ratings to the institution. Moody’s assigned to Bank of Singapore a long-term rating of Aa1 with a stable outlook. This rating is the same as that accorded to its parent reflecting the expectation of full support from OCBC for Bank…

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