Compare with effective interest rate not interest rate
Loans are a fundamental part of of businesses, forming a critical component of leverage .recenly a friend was comparing the loans between what she can get
Note from the big differences in interest quoted for $DBS Group Holdings Ltd.(DBSDY)$ $UNITED OVERSEAS BANK LIMITED(U11.SI)$ and $Grab Holdings(GRAB)$
Basically the difference comes from the inclusion of fees and compounding and other fees effects making it a more comparison
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- Herwin Zuraimi·2023-10-05Great ariticle, would you like to share it?LikeReport
- Bons·2023-05-22I'm afraid that it's quite short and a little unclearLikeReport
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