How You Can Transition Away from SOR & LIBOR Today
The Time To Act Is Now
There is limited time left till the cessation of SGD Swap Overnight Rates (SOR) and USD London Interbank Offer Rate (LIBOR) on 30 June 2023.
Tan Su Shan (Group Head of DBS Institutional Banking Group) along with her team share how you can stay ahead of this key market development and transition your existing SOR and USD LIBOR loan facilities with us to the industry Recommended Risk-Free Rates – SORA and SOFR.
Based on our experience, it takes at least 3 months to complete the transition. Reach out to us now and start your transition to avoid disruptions to your loan facilities.
View more information for the IBOR Transition on our website.