Singapore digital bank licences are awarded to questionable applicants.

[Chase]

it is so obvious that all four have financial difficulties now and imagine they took funds from consumer deposits or interbank market and loan to their questionable holding companies and affiliates.

1. Singtel & Grab
2. Sea Limited
3. Ant Financial
4. Greenland Financial Holdings, Linklogis Hong Kong & Beijing Co-operative Equity Investment Fund Management

Grab, SEA and Greenland's financials have crashed and ANT Financial offended the Chinese government.
Singapore should review the four digital banking licenses that they award.

 

[laksaboy]

3. Ant Financial

This is what happens when the pappies tried to kiss the arse of Tiongcock.

How many bajillions of dollars had Temasek+GIC pimped out for this?

GIC = 4.27%
Temasek = 2.73%

 

[face the facts]

why the fuck do we need digital banks when all existing banks already digital?

another con scam?

 

[Loofydralb]

it is so obvious that all four have financial difficulties now and imagine they took funds from consumer deposits or interbank market and loan to their questionable holding companies and affiliates.

1. Singtel & Grab
2. Sea Limited
3. Ant Financial
4. Greenland Financial Holdings, Linklogis Hong Kong & Beijing Co-operative Equity Investment Fund Management

Grab, SEA and Greenland's financials have crashed and ANT Financial offended the Chinese government.
Singapore should review the four digital banking licenses that they award.

It's a racist distribution of rights.

 

[Pinkieslut]

It's a racist distribution of rights.

Should have issued to CECAs!

 

[borom]

The biggest mistake anyone can make is to issue a blank cheque to another party and that is what locals have done by giving them more than 2/3 of the seats in parliament.
Until and unless this is rectified the suffering will continue and worsen

 

[sweetiepie]

Imuho is the same as spf issuing license to okt.

 

[bobby]

it is so obvious that all four have financial difficulties now and imagine they took funds from consumer deposits or interbank market and loan to their questionable holding companies and affiliates.

1. Singtel & Grab
2. Sea Limited
3. Ant Financial
4. Greenland Financial Holdings, Linklogis Hong Kong & Beijing Co-operative Equity Investment Fund Management

Grab, SEA and Greenland's financials have crashed and ANT Financial offended the Chinese government.
Singapore should review the four digital banking licenses that they award.

5. Najib & Rosmah Sdn Bhd

 

[syed putra]

At one time, those companies were riding high.

 

[sweetiepie]

why the fuck do we need digital banks when all existing banks already digital?

another con scam?

Existing bank still have branches and customer servid orhweesir and investment mareneger whereas digital banking is all using fingerings I.e mobile gadgets and phone calls to customer servid centres.
Digital banking onlee have data centers and ceca supporting the infrastructure and apps.

It is merelee a lee distribution of wealth among the 大头鬼

 

[face the facts]

Existing bank still have branches and customer servid orhweesir and investment mareneger whereas digital banking is all using fingerings I.e mobile gadgets and phone calls to customer servid centres.
Digital banking onlee have data centers and ceca supporting the infrastructure and apps.

It is merelee a lee distribution of wealth among the 大头鬼

all these digital banks can collect deposit
sooner or later money will vanish in cyberspace......

 

[sweetiepie]

all these digital banks can collect deposit
sooner or later money will vanish in cyberspace......

Yes another avenue for money laundering.

 

[batman1]

As usual,MAS will issue Warning Notices ONLY AFTER the fiasco.

 

[blackmondy]

it is so obvious that all four have financial difficulties now and imagine they took funds from consumer deposits or interbank market and loan to their questionable holding companies and affiliates.

1. Singtel & Grab
2. Sea Limited
3. Ant Financial
4. Greenland Financial Holdings, Linklogis Hong Kong & Beijing Co-operative Equity Investment Fund Management

Grab, SEA and Greenland's financials have crashed and ANT Financial offended the Chinese government.
Singapore should review the four digital banking licenses that they award.

That is exactly what tiong-cock banks are doing now, turning your deposits into investments without your knowledge or approval.

 

[blackmondy]

why the fuck do we need digital banks when all existing banks already digital?

another con scam?

The same goes for digital wallets. If I can pay by NETS why the fuck do I need Google Pay? It's basically creating more middle-men to share the pie and steal your personal data for advertising purposes.

 

[blackmondy]

This is hardly surprising as the Piss And Poop has a habit of working with questionable people, questionable companies and questionable cuntries.
And these questionable entities are the only ones that can enrich the Piss And Poop.

 

[Reddog]

it is so obvious that all four have financial difficulties now and imagine they took funds from consumer deposits or interbank market and loan to their questionable holding companies and affiliates.

1. Singtel & Grab
2. Sea Limited
3. Ant Financial
4. Greenland Financial Holdings, Linklogis Hong Kong & Beijing Co-operative Equity Investment Fund Management

Grab, SEA and Greenland's financials have crashed and ANT Financial offended the Chinese government.
Singapore should review the four digital banking licenses that they award.

"All four have financial difficulties?"
SingTel ? Why?
Or you bohong.

 

[Loofydralb]

Looks like not promising beginning for this venture.

 

[Singapore Dancing Spirit]

The same goes for digital wallets. If I can pay by NETS why the fuck do I need Google Pay? It's basically creating more middle-men to share the pie and steal your personal data for advertising purposes.

Good Q.

Why Google pay as it is a US based monopoly business.

 

[winners]

In my opinion, the only one with some credibility is the TRUST BANK, a collaboration between SCB and FAIRPRICE.