No profit, no problem: Singapore’s digital banks in six charts
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IT’S been just over two years since Green Link Digital Bank (GLDB) became the first digital bank to start operations in Singapore.
This was followed in quick succession by ANEXT, GXS Bank, and Trust Bank, with MariBank being the last to enter the game.
With at least a full year of operations under their belt – apart from MariBank – it’s a good time to evaluate how these digital banks are faring, with the caveat that they are still in their infancy.
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