Singapore Bank of the Sea launched corporate banking services, supporting corporate clients to manage TradFi and digital asset

PANews reported on November 4th that according to official sources, Singapore Gulf Bank (SGB), supported by Bahrain's sovereign wealth fund Mumtalakat and Singapore's HPL, announced the launch of its corporate banking business. The bank operates under the full supervision of the Central Bank of Bahrain and will provide comprehensive Digital Bank services for enterprise clients in the digital economy, enabling them to manage their TradFi and digital asset on a single platform. Global clients can open accounts through SGB's remote digital account opening solution. SGB also plans to expand its Digital Bank business to individual clients by the end of this year. In addition to regular corporate banking services, SGB will also provide a real-time Settlement network, digital asset custody, and intuitive trading solutions.