Saturday 18 January 2020
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theborneopost - 5 days ago

Jack Ma, Grab eye opportunities in Singapore digital bank battle

SINGAPORE: Singapore is opening up its banking industry to digital lenders in a reform that could shake up the sector across Southeast Asia, with Chinese billionaire Jack Ma and ride-hailer Grab among those seeking licences. Traditional banks are being challenged by a new generation of online-only competitors that can offer better savings and borrowing rates, [...] The post Jack Ma, Grab eye opportunities in Singapore digital bank battle appeared first on Borneo Post Online.


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