SBF's digibank bid raises impartiality question; SMEs hope for more financing help
Add BT as a preferred source
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.
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Singapore developer in limbo after Timor-Leste scraps major township project
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital
