SINGAPORE -- Low-cost digital banks in Singapore are set to capture up to 2% of the country's domestic banking sector worth about $24.3 billion, according to an estimate by Moody's Investors Service.
Finance
Singapore virtual banks to service Asia's unbanked millions
Low-cost digital players offer loans to region's small and medium companies
People walk past office buildings at the central business district in Singapore. The city-state is opening the way for five new digital banks. © Reuters
Read Next
Latest on Finance
