SGB Launches SGB Net, Forms Global Advisory Board to Revolutionize Digital Asset Participation
Singapore Gulf Bank (SGB) is making waves in global finance with the launch of SGB Net and the formation of a high-profile global advisory board. The new network and board aim to enhance capital efficiency and extend market reach for clients in the digital economy.
SGB Net, launched on May 1, offers instant, free transfers, real-time settlements, and tailored banking services. It is designed to facilitate corporate applications and extend market reach for clients.
The global advisory board, chaired by Amy Lee, founder of Whampoa Group, comprises prominent figures from finance, technology, and government. Notable members include Randal Quarles, former U.S. Federal Reserve Vice Chair, who joins as vice chairman. The board will provide strategic guidance to SGB as it expands globally.
SGB's regulatory offshore onboarding capabilities are also set to expand its partners' market presence. However, specific details about these partnerships are not yet available.
With SGB Net and its powerful global advisory board, SGB is poised to revolutionize digital asset participation. The real-time, multi-currency clearing network and strategic guidance from industry leaders will enhance capital efficiency and facilitate corporate applications, further solidifying SGB's position in the global financial landscape.
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