Green Link Digital Bank, which is among the first Digital Wholesale Banks (DWBs) in Singapore, has officially commenced banking business in the island state. As one of the first DWBs to be granted their licence from the Monetary Authority of Singapore (MAS), GLDB seeks to serve MSMEs in the region with banking and financial services by leveraging innovative, easy-to-use, technological solutions.
GLDB seeks to leverage their experience in supply chain financing and innovative, easy-to-use technological solutions to provide accessible commercial banking and supply chain offerings for underserved MSMEs.
GLDB will enhance their focus on serving the core needs of MSMEs and technology enterprises, improving service quality, and paving the way for them to become a leader in wholesale banking.
“The commencement of Green Link Digital Bank’s operations in Singapore symbolises a major milestone. It drives us to strengthen the core pillars of digitalisation, technological empowerment and green finance. We aspire to be one of the key contributors towards digital economy advancements in Singapore and hope to play a significant role in cultivating an open digital finance ecosystem in Singapore,” said Dr Geng Jing, Chairman of GLDB.