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What does the introduction of digital banks mean for Singapore’s financial landscape

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The Monetary Authority of Singapore has awarded four digital banking licenses here in Singapore. Two are Digital Full Bank licenses while the other two are Digital Wholesale Bank licenses.

On Primetime, Rachel Kelly spoke to Duan Jin Chuan, Jardine Cycle & Carriage Professor of Finance, NUS Business School and Executive Director, Asian Institute of Digital Finance (AIDF), NUS on what these digital banking licenses will mean for the financial landscape here.  

 

 

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