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POSB needs to revive its skill before being privatised when it coould pay interest of 5% per annum to S$ Savings A/c like what CPF has been and still doing. POSB used to lend to Statutory Boards and other Govt agencies at 8% p.a and so could easily pay the high interest to many people and still have surplus and a generous yearly Lucky Draw. POSB of today, please study your history and regain your past glory of being the People's Bank of Singapore to the benefit of young and old. Experts please urge POSB to do so. phangcheekiong@yahoo.com
