Singapore Gulf Bank (SGB) announced the launch of personal banking services.

PANews, April 3 news, Singapore’s Gulf Bank (SGB) officially launched personal banking services. The bank is supported by Bahrain’s sovereign wealth fund Mumtalakat and the private investment group Whampoa Group. It is also the only regulated bank in the Middle East and North Africa region that provides fully remote digital account opening services for global investors, innovators, and institutions. According to reports, Singapore’s Gulf Bank offers a full range of payment solutions, including wire transfers, credit card, and cryptocurrency payment channels, providing convenient channels for traditional and digital asset investments, especially unique investment opportunities in the Asia and Middle East-North Africa regions. This is the first time millions of individuals globally can open accounts remotely and use integrated traditional and digital asset banking solutions. SGB provides comprehensive and innovative services for global digital economy participants, including remote workers, digital nomads, self-employed traders, and high net worth individuals. Currently, SGB is gradually opening registration, accepting applications only from invited users to respond to the enthusiastic market reaction.