2019-08-15
Other Banking Services Singapore is strategically located, with a well-developed infrastructure, and is a hub for trade and financial services in the Asian region. The financial services industry has been a major source of economic growth in Singapore since the 1970s, and the government has continued to provide incentives for the development of the banking and services industry in Singapore. Commercial banks in Singapore are licensed and governed under the Banking Act and are allowed to conduct universal banking business. Commercial banks are licensed, take deposits, provide cheque services and loans, and any other business regulated or authorised by the […]
