Hong Kong's AMTD may throw hat into Singapore digital banking ring
Singapore
HONG KONG'S AMTD Group is eyeing a digital banking licence in Singapore, following its digital banking march in its home market, a senior executive told The Business Times (BT).
With this, AMTD joins its peers in Hong Kong's digital banking space - namely Ping An Insurance's OneConnect and Standard Chartered Bank (StanChart) - that are also circling digital banking opportunities in Singapore.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Singapore releases Economic Strategy Review Final Report with more detailed proposals
Ringgit sinks to seven-month low despite record bond inflows as Fed fears dominate
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass