Bank for International Settlements setting up Singapore innovation hub
Add BT as a preferred source
Tay Peck Gek
Singapore
THE Bank for International Settlements (BIS) has picked Singapore as one of three sites where they will set up its first wave of innovation hub centres.
In an announcement on Sunday, the BIS said the hubs will identify and develop deep insights into critical trends in central banking technology; develop public goods in the technology space to improve the global financial system; and serve as a focal point for a network of central bank experts on innovation.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources
