Singapore – Green Link Digital Bank (GLDB) commences banking business in Singapore, to serve Micro-Small-Medium-Enterprises (MSMEs) with banking and financial services through their supply chain financing and innovative, easy-to-use technological solutions. Supply chain financing and innovative, easy-to-use technology will be used by GLDB to provide accessible commercial banking, as well as supply chain offerings for underserved MSMEs.
By expanding their service area and developing new supply chain finance solutions, GLDB aims to better meet the needs of a wide range of businesses, especially those in high-growth industries in the digital economy.
Dr. Geng Jing, chairman of GLDB, said, “The commencement of Green Link Digital Bank’s operations in Singapore symbolises a major milestone. It drives to strengthen the core pillars in digitalisation, technological empowerment and green finance. We aspire to be one of the key contributors towards digital economy advancements in Singapore and hope to play a significant role in cultivating an open digital finance ecosystem in Singapore.
GLDB will enhance their focus on serving the core needs of MSMEs and technology enterprises, improve on service quality, and pave the way for them to become a leader in wholesale banking.
Song Qun, vice chairman of GLD, shared, “We hope to bring cutting-edge financial technology and experience in serving MSMEs in Singapore and are committed to being the leading supply chain finance technology solution provider. We will continue to explore the application of advanced technologies such as AI, blockchain, cloud computing, and big data (ABCD) in supply chain finance, incorporate environmental, social, and governance (ESG) factors into our product development and growth strategies, and create a digital banking industry benchmark, contribute to the Singapore market, and realise sustainable growth.”
Meanwhile, Goh Soon Hong, executive director and CEO of GLDB, commented, “We are excited to begin working with our customers in Singapore. We look forward to becoming their most trusted partner by growing with them, serving them with our digital solutions, connecting them with the right partners, and enabling them to embrace greater supply chain sustainability. We look forward to creating strong, long-lasting relationships with business and work with other supply chain financing platforms in Singapore.”