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SBF's digibank bid raises impartiality question; SMEs hope for more financing help

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Published Mon, Jan 6, 2020 · 09:50 PM

    Singapore

    THE Singapore Business Federation (SBF) announced over the weekend that it will be making the leap into digital banking - an unusually bold move for a chamber known for its conservative approach to championing the interests of the business community.

    In response to the news of the SBF taking a minority stake in a consortium that is eyeing a digital full-bank licence, small and medium-sized enterprises (SMEs) say that they welcome more options as securing financing is indeed a problem for them.

    Singapore Business FederationSingapore digital banks

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