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GXS Bank
Banking & finance
GXS Bank on track to launch business banking solutions in 1Q2025
The bank is also aiming to introduce a new vehicle to its retail banking capabilities.
8 days ago
Investing 101
GXS Bank launches interest rate boosting feature for savings
GXS bank is offering a special boost pocket interest rate of up to 3.48% per annum for its first tranche.
September 12, 2024
Banking & finance
New digital banks struggle with profitability
Two years after their launch, the new digital-only banks continue to struggle to turn profitable.
August 22, 2024
Digital Economy
Sea’s digital bank picks new chief to ward off tough competition
Goh is replacing Yu Dong Zheng as the chief executive officer of the MariBank unit.
July 15, 2024
Banking & finance
GXS FlexiLoan customers saved $4 mil in interest in the past 12 months: GXS Bank
The bank has disbursed more than 100,000 loans since the launch of GXS FlexiLoan in April 2023.
April 03, 2024
Malaysia
GXS Bank subsidiary first to receive approval from Bank Negara Malaysia to commence operations
GXBank successfully completed an operational readiness review and has been approved to commence operations effective Sept 1.
September 05, 2023
Banking & finance
GXS to lower savings account interest from 3.48% p.a. to 2.68% p.a. by Aug 17
The Grab and Singtel-backed digital bank increased its deposit limit on its savings account from $5,000 to $75,000 on July 19.
August 07, 2023
Singapore news
Briefs: GXS raises deposit limit to $75,000; EY cautions on valuations ahead of Sabana's EGM; Sg politicians resign
Quoteworthy: "Singapore is very fortunate to have two of the best people I know running for President." - Ray Dalio.
July 21, 2023
Banking & finance
GXS raises deposit limit from $5,000 to $75,000, savings accounts now open to public
The two digital banks here have reportedly been lobbying the Monetary Authority of Singapore to raise the $50 million deposit cap.
July 19, 2023
Company in the news
GXS offers flexible loans to the 'thinly-served' while nearing MAS deposit cap
By allowing early loan repayments without additional fees, GXS could be reducing its potential interest income.
May 04, 2023