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StanChart aims to double its retail customers in Singapore to 1.8m with digital bank Trust
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Since its launch in September last year, Trust Bank has already acquired 500,000 retail customers.
ST PHOTO: LIM YAOHUI
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SINGAPORE - Singapore’s largest foreign bank already has 900,000 retail customers in Singapore, but plans to double this by capturing more local customers through its new digital bank Trust.
“We want to become more local by using the digital bank to reach a broader base of Singaporeans, without having any (physical) branches,” Mr Patrick Lee, Standard Chartered Bank’s chief executive for Singapore and Asean, told The Straits Times in an interview.
