Trust Bank hits one million customers, launches investment products

SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the city-state.

It crossed the milestone in February, up from 974,000 customers at the end of 2024. It has more than 140,000 customers under 25 years old, and over 250,000 customers above 55 years old.

Dwaipayan Sadhu, chief executive officer of Trust Bank, said: “Quite unlike other digital banks in other parts of the world, we have a customer demographic which almost mirrors Singapore’s.”