PANews reported on November 4 that according to official news, Singapore Gulf Bank (SGB), backed by Bahrain's sovereign wealth fund Mumtalakat and Singapore's Whampoa Group, announced today the launch of its corporate banking business. The bank operates under the full regulatory approval of the Central Bank of Bahrain and will provide comprehensive digital banking services to corporate customers in the digital economy, enabling them to manage their traditional financial and digital assets on a single platform. Global customers can open an account through SGB's remote digital account opening solution. SGB also plans to expand digital banking services to individual customers by the end of this year. In addition to regular corporate banking services, SGB will also provide a real-time settlement network, digital asset custody and intuitive trading solutions.