Banking Sector

As an international financial centre, Singapore offers financial institutions a pro-business environment that is cost-competitive, with an effective regulatory environment, excellent infrastructure and a highly skilled and cosmopolitan pool of finance professionals. Singapore is also strategically located in a region of opportunities.

Singapore is now home to over 200 banks, a growing number of which have also chosen to base their operational headquarters here to service their regional group activities. With a total asset size of almost US$2 trillion as of December 2013, the banking sector has been critical to Singapore’s role in financing local and regional growth, for example, in facilitating trade, corporate finance and the building of infrastructure.  

Last Modified on 02/04/2014