Singapore Banking Sector Report 2024-2025

Singapore has positioned itself as an internationally significant and influential financial centre and its success in doing so is largely underpinned by the active role of the Monetary Authority of Singapore (MAS), the nation's defacto central bank, which regulates the banking, finance and insurance industries. In 2023, the central bank oversaw the operations of 157 financial institutions, up from 155 in 2022. The main deposit-taking institutions in Singapore are commercial banks, merchant banks, and finance companies. Among the more recent developments in the sector is the adoption of a new classification of banks, digital banks.

This report provides a complete and detailed analysis of the "Banking" sector for Singapore. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Banking" sector in Singapore
• Crystallise the forces both driving and restraining this sector in Singapore
• Ascertain Singapore’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Singapore.
• Build a clear picture of trends, output and consumption for specific sub-sectors