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Country Report - Singapore

By: Thomas Zink

Published: March 2012

So far, Singapore has managed to negotiate the stormy waters of the global economic recession. Its resilient financial sector is supported by innovative banks which are constantly forced to excel and reinvent themselves in order to prevail in a highly competitive market characterised by narrow margins, high operational cost and high market saturation. This, in addition to Singapore's careful yet business-friendly regulator has also helped to ensure that banks have been able to operate without excessive regulatory interference.

This report will give you an overview of the banking environment in Singapore, and drills down into the strategies and innovations implemented last year in areas including retail lending, retail deposits, branch banking and alternative channels, frontline and bank office operations, payments and wealth management.  

Read this report to:

  • Gain an overview of the banking environment in Singapore
  • Benchmark against best practice examples drawn from a selection of banks in Singapore
  • Study figures displaying economic data, bank performance, internet banking platforms, mobile applications and operating systems

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