Home News Banking & finance

DBS launches Singapore's first SORA-pegged business property loan

Felicia Tan
Felicia Tan9/3/2020 08:54 AM GMT+08  • 2 min read
DBS launches Singapore's first SORA-pegged business property loan
The loan, which will be available from September 3, allows SME business property owners to borrow up to 80% of their property value and stretch their repayment tenor to up to 25 years.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

DBS Bank has launched Singapore’s first SORA-pegged business property mortgage loan, which provides business property owners with additional property financing options and covers all property loan types.

The loan marks another milestone in Singapore’s transition towards the adoption of the Singapore Overnight Rate Average (SORA) as its main interest rate benchmark.

The loan is specially tailored for small and medium-sized enterprises looking to finance their commercial and industrial properties.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now