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StanChart Singapore gets boost in presence with FTA backing

Privileges under EU-Singapore FTA give it more places of business as first Significantly Rooted Foreign Bank

The awarding of privileges to StanChart Singapore comes as MAS says it will look to enhance the SRFB framework, which includes being able to set up a separate subsidiary to house a digital-only bank.


A RECENT free trade agreement between the European Union and Singapore has paved the way for Standard Chartered Bank Singapore to raise its presence in the Republic - and possibly in time, on the digital front in the same way the Singapore banks can.

StanChart Singapore...

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