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July 4, 2022
Finance Technologies

AMTD Group teams with SME partners ahead of Singa Bank’s launch

AMTD Group, one of Asia’s largest independent investment banks, has revealed three new partnerships which provide a hint at the shape of its Singapore-based digital bank. The partners all have a heavy focus around serving Asia’s small and medium-sized enterprises (SMEs). This suggests that the newly named Singa Bank will focus predominantly on SME services. SMEs contribute just short of SGD 200 billion ($145 billion) to Singapore’s economy, Yet to bag a licence Singapore has received a flurry of digital bank licence applications but is yet to reveal which applicants have been successful. If licensed by the Monetary Authority of…
AMTD Group teams with SME partners ahead of Singa Bank’s launch

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