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The Deputy King, His Royal Highness Prince Salman bin Hamad Al Khalifa, met today with the Chairman of Singapore Gulf Bank (SGB), Edmund Lee, at Gudaibiya Palace.

Singapore Gulf Bank (SGB), the digital bank backed by Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, and privately-held investment group Whampoa Group, today announced, on the sidelines of Gateway Gulf 2024, the launch of its corporate banking services.

SINGAPORE Gulf Bank (SGB) has appointed former Goldman Sachs executive Ali AlShamma as chief financial officer and ex-Sygnum executive Elaine Leong as chief operating officer, the bank announced in a media statement on Wednesday (Oct 2).

Bahrain Mumtalakat Holding Company (Mumtalakat), the Sovereign Wealth Fund of the Kingdom of Bahrain, alongside its strategic partner Whampoa Group, a privately-held investment group headquartered in Singapore, announced today that Mumtalakat will be investing in Singapore Gulf Bank (SGB), a new digital bank backed and founded by Whampoa.

WHAMPOA Group on Monday (Jan 22) said that it has appointed veteran banker Edmund Lee as chairman of Singapore Gulf Bank (SGB), its digital bank in Bahrain.

Singapore family office Whampoa Group recruited Ali Moosa from JPMorgan Chase & Co to help oversee a digital bank in Bahrain whose services include payments and settlement for crypto companies.

The Bahrain Economic Development Board (Bahrain EDB) announced that Singapore-based Whampoa Group has selected Bahrain to be the headquarters of its new digital bank. With an intended launch date of end of2023, the digital bank aims to provide secure and integrated financial solutions to serve institutions, innovators, and sophisticated investors globally, including digital banking services and the trading, custody, and asset management of digital assets; with the ultimate objective of supporting the growing adoption of digital assets worldwide.

Singapore Gulf Bank (SGB), the digital bank backed by Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, and privately-held investment group Whampoa Group, today announced, on the sidelines of Gateway Gulf 2024, the launch of its corporate banking services. Operating under full regulatory approval from the Central Bank of Bahrain, SGB will offer comprehensive digital banking services to corporate customers in the digital economy to manage their traditional financial and digital assets on a single platform. Global clients can onboard through SGB’s remote digital on-boarding solutions. SGB will extend its digital banking services to individual clients by the end of the year.