Singapore's Gulf Bank (SGB) has officially launched personal banking services. The bank is supported by Bahrain's sovereign wealth fund Mumtalakat and private investment group Whampoa Group in Singapore, and is also the only regulated bank in the Middle East and North Africa region to provide fully remote digital account opening services for global investors, innovators, and institutions.
It is understood that Gulf Bank of Singapore offers a comprehensive payment solution, including wire transfers, bank cards, and cryptocurrency payment channels, and provides convenient channels for traditional and digital asset investment, especially in unique investment opportunities in Asia and the Middle East and North Africa region. This is the first time that millions of people worldwide can remotely open accounts and use integrated traditional and digital asset banking solutions.
SGB provides comprehensive and innovative services to global digital economy participants, including remote workers, digital nomads, proprietary traders, and high net worth individuals. At present, SGB is gradually opening up registration and only accepting applications from invited users to respond to the enthusiastic response from the market.