Banking set for new era as 21 vie for digital-only licences

The Straits Times | Jan 7, 2020 at 9:00 PM
  • A total of 21 applications have been submitted for up to five digital bank licences.
  • Four of the seven applicants for the digital full bank licences have made their applications public.
  • Digital wholesale bank applicants can be majority-owned by foreign entities.