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Topic: Business
Number of pages / Number of words: 27 / 7287
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Interest rates play an important role in finance companies as it influences the consumers decision on whether to seek for financial help at banks or at the former. Appendix ___ shows the different interest rates provided by banks and financial companies, it can be seen that Hong Leong Finance Ltd Floating HDB interest rates are lower than that of POSB and OCBC Bank...


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Other factors which will impact finance companies include property prices, motor vehicle prices and the country's economic growth - all of which will be discussed further.

2. Structure of Industry

Table 2.1 Total Asset of Finance Companies

As at 31 Dec 2005 Assets ($ millions)

Hong Leong Finance 7,177

Sing Investments & Finance 1,185

Singapura Finance 546

Total 9,852

Finance companies are mainly involved in the services of installment credit for motor vehicles, consumer durables and mortgage loans for housing purposes...


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Controlling the Economy with Interest Rates Does it Accomplish the Task on the Consumer Side? Financial Turbulence and its Concussions on financial performances of banks Interest Rates And Bond Valuation Interest Rates in the Economy Interest Rates: A Matter of Supply and Demand The Fed And Interest Rates The factors determining movements in the general level of variable and fixed term interest rates in Australia term structure of interest rates Relationship between interest rates and price of bond Gender & Play - Childhood Influences The Post War Japanese Economy; The Role of the Banks Fed and Interest Rates Interest Rates and Other Critical Determinants of Investment Spending in Bangladesh Interest Rates Amen: Does Prayer Play An Important Role In Our Lives Today?

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