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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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评论14

  • JunHaoT
    ·2021-12-03
    Huat, no? 
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  • Barbarazhao
    ·2021-12-03
    Agree
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  • Lalalanana
    ·2021-12-03
    Ok
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    收起
  • TeslaLegend
    ·2021-12-03
    Please like and comment. Thanks!
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  • TheAlMateen
    ·2021-12-03
    Hard cause you don’t want competition? 
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    • JunHaoT
      Yeah
      2021-12-03
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    • TeslaLegend
      Nice
      2021-12-03
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    • ngckkk
      LOLOL
      2021-12-03
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  • T0000024852
    ·2021-12-03
    Hi
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    收起
  • Jinlim
    ·2021-12-03
    Like pls
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    收起
    • AndreaOYL
      Liked
      2021-12-03
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    • Bptan1973
      Like done please like me too
      2021-12-03
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    • 7acb343
      Hi
      2021-12-03
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    查看更多 1 条评论
  • No Fool
    ·2021-12-03
    Crypto ok?
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  • thatsy
    ·2021-12-03
    Short grab and sea? 
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  • JH87
    ·2021-12-03
    Ok
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  • 飙高音
    ·2021-12-03
    Great ariticle, would you like to share it?
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  • 4573b69e
    ·2021-12-03
    Like comment
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    • 4573b69e
      Think so too
      2021-12-03
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  • BBBBBBBBBB
    ·2021-12-03
    Kk
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    收起
  • Bingbong
    ·2021-12-03
    ok
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