List of banks in Singapore - Biblioteka.sk

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List of banks in Singapore
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This is a list of banks with operations in Singapore. Location of incorporation is provided in brackets for foreign banks. There are, at present over 150 banks and deposit-taking institutions, and 45 banks with representative offices in Singapore. (EFA=Exempt Financial Adviser; ACU=Asian Currency Unit; SGS=Singapore Government Securities Market)

Commercial banks

Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act. Since 18 July 2001, banks were no longer permitted to engage in non-financial activities.[citation needed]

Local Banks

In a bid to encourage consolidation of the local banking industry to form larger banking conglomerates better able to regionalise and compete with foreign banks, the government liberalised the banking sector by awarding greater liberty for foreign banks to operate in Singapore in 2001. Since then, the number of local full banks has shrunk by more than half to four today.[citation needed]

Full banks

There are presently five locally incorporated full banks in Singapore, owned by three banking groups. These full banks have the liberty to provide any financial service as permitted by the Banking Act.[1]

Local Full Bank EFA Incorporated in Local address ACU SGS
English Other languages
Bank of Singapore (part of OCBC Bank) 新加坡银行 Yes Singapore 63 Market Street Yes No
DBS Bank Limited 星展银行有限公司 Yes Singapore 12 Marina Boulevard Yes Pri
POSB (part of DBS Bank) 新加坡邮政储蓄银行 Yes Singapore 12 Marina Boulevard Yes Pri
OCBC Bank 华侨银行有限公司 Yes Singapore 65 Chulia Street Yes Pri
United Overseas Bank Limited (UOB) 大华银行有限公司 Yes Singapore 80 Raffles Place Yes Pri

Digital full banks

There are currently three local digital banks with full bank licence in Singapore. Trust Bank was jointly launched by FairPrice Group and Standard Chartered Bank on 1 September 2022.[2] GXS Bank is owned by Grab and Singtel. MariBank is owned by Sea Ltd.

Local Digital Full Bank Ownership Incorporated in Local address
English Other languages
Trust Bank 优信银行 FairPrice Group, Standard Chartered Bank Singapore 77 Robinson Rd, #25-00, Robinson 77, 068896
GXS Bank GXS数码银行 Grab, Singtel Singapore 3 Media Close, #09-03, 138498
MariBank 马里银行 Sea Ltd Singapore 1 Fusionopolis Walk, #15-01, South Tower Solaris, 138628

Defunct banks

English name Other language name Incorporated in Closed Fate
Bank of Singapore 新加坡银行 Singapore - Merged into Oversea-Chinese Banking Corporation and renamed Singapore Island Bank. Not to be confused with the current Bank of Singapore which is renamed from ING Asia Private Bank.[3]
Chung Khiaw Bank Limited 崇僑銀行有限公司 Singapore 1999 Merged into United Overseas Bank
Far Eastern Bank Limited 远东银行有限公司 Singapore 2017 Merged into United Overseas Bank[4]
Industrial and Commercial Bank Singapore Limited 工商银行有限公司 Singapore 2002 Merged into United Overseas Bank
International Bank of Singapore 新加坡国际银行有限公司 Singapore 1984[5] Merged into Overseas Union Bank
Keppel Bank Limited 吉宝银行有限公司 Singapore 1998 Merged with Keppel TatLee Bank
Keppel TatLee Bank Limited 吉宝达利银行有限公司 Singapore 2001 Merged into Oversea-Chinese Banking Corporation
Kwong Yik Bank 新嘉坡廣益銀行 Singapore 1913 Voluntary liquidation after a bank run
Overseas Union Bank Limited 华联银行有限公司 Singapore 2002 Merged into United Overseas Bank
Tat Lee Bank Limited 达利银行有限公司 Singapore 1998 Merged with Keppel TatLee Bank
The Islamic Bank of Asia 亚洲伊斯兰银行 Singapore 2015 Merged into DBS Bank[6]

Foreign banks

There are presently 119 foreign commercial banks in Singapore, of which 28 are Full banks, 54 are Wholesale banks, and 37 are Offshore banks.

Full banks

Although foreign banks with full bank licences can also offer most commercial banking services to clients compared to local banks, they are restricted in terms of number of branches and automated teller machines.

Foreign full Bank EFA Incorporated in Local address ACU SGS
English Local language
Standard Chartered Singapore 渣打新加坡有限公司 Yes Singapore[7] 8 Marina Boulevard Yes No
Bangkok Bank Public Company Limited ธนาคารกรุงเทพ No Thailand 180 Cecil Street Yes No
Bank of America, National Association 美国银行 Yes United States 50 Collyer Quay Yes Pri
Bank of China Limited 中国银行股份有限公司 Yes People's Republic of China 4 Battery Road Yes Sec
Bank of East Asia Limited, The 東亞銀行有限公司 Yes Hong Kong SAR 137 Market Street Yes No
Bank of India 印度银行 Yes India 138 Robinson Road Yes No
Bank of Tokyo-Mitsubishi UFJ Limited, The 三菱東京UFJ銀行 Yes Japan 9 Raffles Place Yes Sec
Calyon 东方汇理银行 Yes France 168 Robinson Road Yes Sec
CIMB Bank 联昌国际银行 No Malaysia 39 Robinson Road No No
Citibank Singapore 新加坡花旗银行 Yes United States 3 Temasek Avenue Yes Pri
Hongkong and Shanghai Banking Corporation Limited 香港上海滙豐銀行有限公司 Yes Hong Kong SAR 21 Collyer Quay Yes No
Maybank Singapore Limited 马来亚银行 Yes Malaysia 2 Battery Road Yes
Hong Leong Bank Berhad 丰隆银行 Yes Malaysia 1 Wallich Street
Indian Bank இந்தியன் வங்கி No India 3 Raffles Place No No
Indian Overseas Bank இந்தியன் ஓவர்‌ஸீஸ் வங்கி No India 64 Cecil Street No No
JPMorgan Chase Bank, National Association 摩根大通银行 Yes United States 168 Robinson Road Yes Sec
Ping An Bank 平安银行 Yes China 80 Pasir Panjang Road Yes Pri
PT Bank Mandiri (Persero) Tbk. 曼迪里银行 No Indonesia Asia Square Tower 2 Yes No
PT Bank Negara Indonesia (Persero) Tbk. 印度尼西亚国家银行 No Indonesia 39 Robinson Road Yes No
RHB Bank Berhad 兴业银行 Yes Malaysia 90 Cecil Street Yes Sec
Sumitomo Mitsui Banking Corporation 三井住友銀行 Yes Japan 3 Temasek Avenue Yes No
UCO Bank 优科银行 No India 3 Raffles Place No No

Qualifying full banks

Liberalisation of the banking sector saw the government creating a new category under the foreign banks category, called the Qualifying Full Bank (QFB). The first four licences were awarded on 20 October 1999 to ABN AMRO, Banque Nationale De Paris (now BNP Paribas), Citibank (transferred to newly locally incorporated Citibank Singapore on 28 June 2004) and Standard Chartered Bank. Two new licences were issued in December 2001 as part of the second phase of bank liberalisation, namely to the Hongkong and Shanghai Banking Corporation and Maybank Singapore. These QFBs are permitted to operate up to 15 service locations.

In June 2004, the QFB licence was further liberalised. QFBs are permitted to establish up to 25 service locations of which up to 10 can be branches from 1 January 2005. These banks were permitted to share their ATM networks (this was achieved with five of the QFBs through atm5), and provide services via the EFTPOS network from 1 July 2002. On the same day, they are also permitted to provide the Central Provident Fund's Supplementary Retirement Scheme and Investment Scheme accounts and to accept CPF fixed deposits. In 2012, MAS announced new changes to the QFB scheme, requiring QFBs who are "important to the domestic market to locally incorporate their retail operations". Further, such QFBs, whose home countries have Free Trade Agreements with Singapore, will be able to operate up to 50 places of business.

Qualifying Full Bank EFA Incorporated in Local address ACU SGS
English Local language
Australia and New Zealand Banking Group Limited   Yes Australia 1 Raffles Place Yes Pri
BNP Paribas   Yes France 20 Collyer Quay Yes No
Citibank International Personal Bank Singapore (Citibank Singapore Limited) 新加坡花旗銀行國際個人銀行 Yes Singapore 23 Church Street Yes Yes
Citibank Singapore Limited 美国花旗银行新加坡分行 Yes Singapore 3 Temasek Avenue Yes No
HSBC 香港上海滙豐銀行有限公司 Yes Hong Kong SAR 21 Collyer Quay Yes Pri
Maybank Singapore Limited   Yes Malaysia 2 Battery Road Yes Sec
Standard Chartered Bank 渣打银行 Yes United Kingdom 6 Battery Road Yes Pri
State Bank of India ஸ்டேட் பேங்க் ஆப் இந்தியா Yes India 135 Cecil Street Yes No
ICICI Bank Limited   Yes India 9 Raffles Place Yes No
Bank of China 中国银行 Yes China 4 Battery Road Yes Sec
Industrial and Commercial Bank of China 中国工商银行 Yes China 6 Raffles Quay Yes Sec

Wholesale banks

Wholesale bank licences were first issued in December 2001 to replace the "Restricted Bank (RB)" licence as a reflexion of greater services which may be conducted by these banks. These banks may conduct the same range of services as full banks, except that they do not deal with banking activities in the Singapore Dollar, and can only have one main branch.

Zdroj:https://en.wikipedia.org?pojem=List_of_banks_in_Singapore
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Wholesale Bank EFA Incorporated in Local address SGS
English Local language
Australia and New Zealand Banking Group Limited   Yes Australia 1 Raffles Place Sec
Scotiabank   No Canada 10 Collyer Quay No
Barclays Bank PLC   Yes United Kingdom 1 Raffles Quay Pri
Bayerische Hypo- und Vereinsbank Aktiengesellschaft   Yes Germany 30 Cecil Street No
BNP Paribas Private Bank   Yes France 20 Collyer Quay No
Mega International Commercial Bank 兆豐銀行 No Taiwan 80 Raffles Place No
Commerzbank Aktiengesellschaft   Yes Germany 8 Shenton Way Sec
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