News and Articles and News tagged 'services'

Public Banking Holidays in Singapore in 2016

Banking in Singapore is poised to make major milestones. However, it is important to put in mind that public holidays in Singapore do affect banking because most banks and other financial institutions close during such periods hence meaning that they do not offer services to customers. Read more »

Singapore is one of the largest and fastest growing financial centres in Asia

Today, there are 111 commercial banks, 49 merchant banks, and 45 banks with representative offices operate in Singapore, managing more than $350 billion of assets (2004). The banking industry in Singapore is regulated by the Monetary Authority of Singapore.