The Business Times·2 min read·medium

StanChart to transfer part of credit card, personal loan clients to Trust Bank

T
Tan Nai Lun
StanChart to transfer part of credit card, personal loan clients to Trust Bank
AI Summary

Standard Chartered is transferring some credit card and personal loan clients to its digital bank subsidiary, Trust Bank, in Singapore to boost growth and deepen retail banking services. This strategic move allows StanChart to focus on wealth capabilities while Trust scales its digital platform, with affected customers to be contacted directly.

Affected customers will be contacted with information on what the move means for them and any next steps

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StanChart to transfer part of credit card, personal loan clients to Trust Bank — Headlinne — headlinne