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There were 7 digital full bank licence applications, and 14 applications for digital wholesale bank licences.
The biggest consortium to apply for a digital banking licence so far includes EZ-Link, V3 Group, Singapore Business Federation and more
The consortium is focused on serving SMEs in Singapore, which employs close to 70 per cent of Singapore's workforce.
If successful, the firm will build the world's first global youth bank, named Razer Youth Bank.
We'll know by the middle of the year if we're getting a Grab-Singtel digital bank.
Singapore will invest US$2 billion in ‘green’ finance to mitigate and adapt to climate change risks – here’s what that means
Singapore wants to be a leading centre for green finance. It also wants to make its financial system resilient to environmental risks.
Singaporeans asked for 1.8 million more pieces of bicentennial S$20 notes – so that’s what they’re getting
Remaining notes will be made available to the public at the bank branches.
A global body just gave Tharman an award, describing him as ‘visionary’ with ‘unique and highly valuable perspective’
“The success and stability of today’s international financial system would not be possible without their foresight and steady hands," IIF's CEO said.
Only Singapore citizens and PRs can apply.
Those who suspect they have a counterfeit note must report it to the police, as holding on to these notes is illegal.