Singapore's central bank plans to issue up to five digital bank licences to suitable applicants, in a move that could deliver the biggest shake-up in two decades in a market dominated by local banks. Pan Jingyi, Market Strategist, IG talks about how big of a deal for Singapore and shares the trend of virtual banking in other countries. 

<p>Singapore's central bank plans to issue up to five digital bank licences to suitable applicants, in a move that could deliver the biggest shake-up in two decades in a market dominated by local banks. <strong>Pan Jingyi, Market Strategist, IG&nbsp;</strong>talks about how big of a deal for Singapore and shares the trend of virtual banking in other countries.&nbsp;</p>

Advertisement