Besides these two companies, other consortium members include the Singapore Business Federation, EZ-Link, which issues the contactless public transport fare cards; Japanese insurer Mitsui Sumitomo Insurance Co and fund manager Heliconia Capital Management, a Temasek Holdings subsidiary.
SINGAPORE (Jan 5): A consortium of big local names including a Temasek-linked entity Heliconia, developer giant Far East Organization and Ron Sim-chaired V3 Group has announced that a bid for one of the digital full bank licence that’s up for grabs by the Monetary Authority of Singapore.
This consortium claims to adopt a “fair and equitable” approach to providing banking and financial services for the SMEs.
