2
Standard Chartered to launch a digital-only bank in Singapore
source link: https://fintechranking.com/2021/09/06/standard-chartered-to-launch-a-digital-only-bank-in-singapore/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Standard Chartered to launch a digital-only bank in Singapore
Standard Chartered has agreed a joint venture deal to launch a digital-only bank in Singapore with the country’s National Trades Union Congress (NTUC).
A Standard Chartered vehicle will take a 60% stake in the venture, worth 144 million Singapore dollars ($107.28 million), with the NTUC’s enterprise arm taking the remaining 40% stake, worth S$96 million, the London-listed bank said on Monday.
Read more: Reuters
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK