Société Générale, the next-biggest French bank subsequent to BNP Paribas, recorded a net income of 896 million Euros on Wednesday, twofold the quantity in the phase a year prior, supported by benefits in retail banking and its prearranged -finance counter.

Two foreign banks, the Australia and New Zealand (ANZ) Banking Group and BNP Paribas Singapore, are the most recent to sign up for space at Ocean Financial Centre at Raffles Place.

This raises the pre-commitment scale of the building to more than 60%.

Analysts are of the expectation that demand and rentals for prime office space will see a rise in the short term, as firms in the area continue to inflate their businesses.