THE ROLE OF FINANCIAL SERVICES
Driving Singapore’s Economy Forward
The financial services industry plays a very crucial role in driving the huge economic landscape of a country.
Through a world class system of capital flows, transactional and risk management capabilities, Singapore has stood up as a leading international financial centre in Asia.
6 KEYS COMPONENTS OF THE INDUSTRY
Main Sectors of Singapore’s Financial Services Industry
Banking
Banking
Deposits, loans and mortgages in consumer and commercial banking institutions.
Investment
Services
Investment Services
Financial instruments that manage investment solutions and private equity.
Capital Markets
Referring to financial markets where long-term debt or equity-backed securities are bought and sold. They are essential for economic growth as they provide the necessary funding for businesses and infrastructure, enabling expansions through innovation and development.
Insurance
Insurance
Risk transfer and management solutions used by insurance companies for protections of risk exposures such as property and casualty insurance, consumer lifestyle protection and medical, and corporate solutions vis-à-vis employee benefits and healthcare.
Financial Technology
(FinTech)
Financial Technology
(FinTech)
Technology or AI-driven companies that offer innovative or break through financial services, such as mobile banking, online investment platforms, and digital payment solutions.
Wealth
Management
Wealth Management
Services targeting at the high-net worth or ultra high-net-worth demographics which typically include specialized financial advisory, investment management, estate planning, and tax optimization.
6 KEYS COMPONENTS OF THE INDUSTRY
Main Sectors of Singapore’s Financial Services Industry
Banking
Banking
Deposits, loans and mortgages in consumer and commercial banking institutions.
Deposits, loans and mortgages in consumer and commercial banking institutions.
Investment
Services
Investment Services
Financial instruments that manage investment solutions and private equity.
Financial instruments that manage investment solutions and private equity.
Capital Markets
Capital Markets
Referring to financial markets where long-term debt or equity-backed securities are bought and sold. They are essential for economic growth as they provide the necessary funding for businesses and infrastructure, enabling expansions through innovation and development.
Insurance
Insurance
Risk transfer and management solutions used by insurance companies for protections of risk exposures such as property and casualty insurance, consumer lifestyle protection and medical, and corporate solutions vis-à-vis employee benefits and healthcare.
Financial
Technology
(FinTech)
Financial Technology
(FinTech)
Technology or AI-driven companies that offer innovative or break through financial services, such as mobile banking, online investment platforms, and digital payment solutions.
Wealth
Management
Wealth Management
Services targeting at the high-net worth or ultra high-net-worth demographics which typically include specialized financial advisory, investment management, estate planning, and tax optimization.
6 KEYS COMPONENTS OF THE INDUSTRY
Main Sectors of Singapore’s Financial Services Industry
Banking
Banking
Deposits, loans and mortgages in consumer and commercial banking institutions.
Deposits, loans and mortgages in consumer and commercial banking institutions.
Investment
Services
Investment Services
Financial instruments that manage investment solutions and private equity.
Financial instruments that manage investment solutions and private equity.
Capital Markets
Capital Markets
Referring to financial markets where long-term debt or equity-backed securities are bought and sold. They are essential for economic growth as they provide the necessary funding for businesses and infrastructure, enabling expansions through innovation and development.
Financial
Technology
(FinTech)
Financial Technology
(FinTech)
Technology or AI-driven companies that offer innovative or break through financial services, such as mobile banking, online investment platforms, and digital payment solutions.
Insurance
Insurance
Risk transfer and management solutions used by insurance companies for protections of risk exposures such as property and casualty insurance, consumer lifestyle protection and medical, and corporate solutions vis-à-vis employee benefits and healthcare.
Wealth
Management
Wealth Management
Services targeting at the high-net worth or ultra high-net-worth demographics which typically include specialized financial advisory, investment management, estate planning, and tax optimization.
