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DIGITAL BANKS

Digibank aspirants have viable path ahead, despite Covid-19 challenge: analysts

But fresh hurdles facing new entrants include the need to show strong fundamentals, innovation, and post-crisis support for businesses

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Grab has said its digital banking plans have not changed because of the pandemic, and that the firm's transport business is "slowly recovering" across South-east Asia.

Singapore

DIGITAL bank aspirants in Singapore still have a viable path ahead despite the uncertainties wrought by the pandemic, for the simple reason that there is a flexible timeline for them to set up shop fully.

But analysts also point out fresh hurdles: These new entrants must...

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