State Bank of India (SBI) is planning to expand its market in Singapore by enhancing its relationship across small and medium enterprises (SMEs) some of which have strong footholds across Asia Pacific.
The bank has six branches and offering ATM services under ATM5 network across the island state and two remittance centres, especially serving the large pool of Indian workers at dormitories in the industrial sectors. The bank also plans to offer its YONO app, an omnichannel service at the fingertip, to manage a wide range of financial services.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
