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Ant Group to push ahead with S'pore digital bank licence application after IPO scrapped
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Ant Financial said it had submitted an application to MAS for a digital wholesale bank licence.
PHOTO: REUTERS
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SINGAPORE - Billionaire Jack Ma's Ant Group will continue with its application for a digital banking licence in Singapore, even after the company's record US$37 billion (S$50 billion) dual listings in China and Hong Kong were suddenly halted.
A source familiar with the matter told The Straits Times it is business as usual in Singapore and Ant's other overseas markets.
