The race is on for successful awardees of the digital banking licences in Singapore to begin operations in early-2022, with incumbent banks safe for now, say analysts. 

As two of the largest names among the three brands involved in becoming digital full banks, Singtel and Sea will go head-to-head in the coming year as they prepare for the launch of their respective digital banking units.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook