Hong Kong's AMTD may throw hat into Singapore digital banking ring
Singapore
HONG KONG'S AMTD Group is eyeing a digital banking licence in Singapore, following its digital banking march in its home market, a senior executive told The Business Times (BT).
With this, AMTD joins its peers in Hong Kong's digital banking space - namely Ping An Insurance's OneConnect and Standard Chartered Bank (StanChart) - that are also circling digital banking opportunities in Singapore.
"We are very interested in Singapore," AMTD chief executive Calvin Choi said in a phone interview, adding that Singapore serves as a regional gateway to the other Asian …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Abu Dhabi returns to debt market with new US dollar bond
Ping An profit falls as market declines hurt investment returns
BOJ will hike rates if trend inflation accelerates, says Ueda
Binance’s rivals muscle in on Bitcoin trading around the world
Citi picks Amit Dhawan to head Singapore commercial bank operations
China finance ministry echoes Xi’s call for bond trading at PBOC