
Why Singapore's virtual bank push will be a leg up for SMEs
As Singapore wades into digital lending, with the Monetary Authority of Singapore inviting firms to submit proposals for virtual banks by August, SMEs are set to gain the most

Asia's small-to-medium sized enterprises (SMEs) will find themselves the winners of Singapore’s rush to digital banking, with three of the five licences earmarked for digital wholesale banks that serve SMEs.
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