DBS CEO says hard for digital banks to gain market share in Singapore

Reuters2021-12-03

HONG KONG, Dec 3 (Reuters) - Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta told the Reuters Next conference.

"Even in markets like Brazil and China you can see that the relative market share, size and growth of the incumbent banking system hasn't shifted very much," said Gupta.

"In Singapore, it's not that easy for digital banks to carve out space," he said, pointing to Singapore's 98% banking penetration and incumbents' strong digital product suite.

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精彩评论

JunHaoT
2021-12-03
JunHaoT
Huat, no?
Barbarazhao
2021-12-03
Barbarazhao
Agree
Lalalanana
2021-12-03
Lalalanana
Ok
- Lalalanana:
  Ok
TeslaLegend
2021-12-03
TeslaLegend
Please like and comment. Thanks!
TheAlMateen
2021-12-03
TheAlMateen
Hard cause you don’t want competition?
- JunHaoT:
  Yeah
- TeslaLegend:
  Nice
- ngckkk:
  LOLOL
T0000024852
2021-12-03
T0000024852
Hi
- T0000024852:
  Hi

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Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601632821","repostId":1161877243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":601633563,"gmtCreate":1638520241759,"gmtModify":1638520241867,"author":{"id":"3585754194174993","authorId":"3585754194174993","name":"TheAlMateen","avatar":"https://static.tigerbbs.com/27948d43575c9b8fab40cb5726a7426e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585754194174993","authorIdStr":"3585754194174993"},"htmlText":"Hard cause you don’t want competition?&nbsp;","listText":"Hard cause you don’t want competition?&nbsp;","text":"Hard cause you don’t want competition?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/601633563","repostId":1161877243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6828959,"gmtCreate":1638521953465,"gmtModify":1638521953505,"authorId":4091088321144510,"author":{"id":4091088321144510,"idStr":"4091088321144510","authorId":4091088321144510,"name":"JunHaoT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":601633563,"type":1,"supId":0,"prevId":0,"content":"<u>Yeah</u>","text":"<u>Yeah</u>","html":"<u>Yeah</u>"},{"id":6828818,"gmtCreate":1638521022029,"gmtModify":1638521022060,"authorId":3572489627147183,"author":{"id":3572489627147183,"idStr":"3572489627147183","authorId":3572489627147183,"name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":601633563,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"},{"id":6828751,"gmtCreate":1638520444950,"gmtModify":1638520445038,"authorId":3556014229499035,"author":{"id":3556014229499035,"idStr":"3556014229499035","authorId":3556014229499035,"name":"ngckkk","avatar":"https://static.tigerbbs.com/d1e114dfd4580625c8151f1dd0b330fc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":601633563,"type":1,"supId":0,"prevId":0,"content":"<u>LOLOL</u>","text":"<u>LOLOL</u>","html":"<u>LOLOL</u>"}],"langContent":"CN"},{"id":601695408,"gmtCreate":1638519422890,"gmtModify":1638519423048,"author":{"id":"3586426272011868","authorId":"3586426272011868","name":"T0000024852","avatar":"https://static.tigerbbs.com/558c2124ff14f2c3586c97422ed4a346","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586426272011868","authorIdStr":"3586426272011868"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/601695408","repostId":1161877243,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6828596,"gmtCreate":1638519437432,"gmtModify":1638519437523,"authorId":3586426272011868,"author":{"id":3586426272011868,"idStr":"3586426272011868","authorId":3586426272011868,"name":"T0000024852","avatar":"https://static.tigerbbs.com/558c2124ff14f2c3586c97422ed4a346","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":601695408,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":49,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1161877243"}