News analysis

Digital banking new players' offerings likely to target SMEs and millennials

Singapore's foray into the realm of digital banking is not a fishing expedition.

The move to liberalise the banking sector by allowing digital-only banks is part of a bigger plan that has been in the works for a few years now. It goes by the quaint name of Ubin Project.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month
  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on January 08, 2020, with the headline 'New players' offerings likely to target SMEs and millennials'. Subscribe