The Singapore Gulf Bank launches personal banking services to support the global digital economy.

As the first and only regulated bank in the Middle East and North Africa region to provide fully remote digital account opening services for global investors, innovators, and institutions, Singapore Gulf Bank ( SGB ) officially launched personal banking services. The bank is supported by the Bahrain sovereign wealth fund Mumtalakat ( and the private investment group Whampoa Group ).

Singapore Gulf Bank offers a comprehensive range of payment solutions, including wire transfers, credit card payments, and cryptocurrency payment channels, providing convenient access for traditional and digital asset investments, particularly in unique investment opportunities in Asia and the Middle East and North Africa region. This marks the first time millions of individuals worldwide can open accounts remotely and utilize integrated traditional and digital asset banking solutions. Following the successful launch of corporate banking services in November 2024 and strong market feedback, SGB has now expanded its services to global individual clients.

Under the comprehensive regulation of the Central Bank of Bahrain, SGB is committed to meeting the needs of modern global citizens:

• Break the traditional banking limitations: Most banks do not provide services for individuals participating in digital assets. SGB offers unified banking services for native cryptocurrency users and customers interested in cryptocurrency, achieving a seamless connection between digital finance and traditional finance.
• Solve Cross-Border Complexities: SGB supports and simplifies international payments through wire transfers, SGB-issued bank cards, and cryptocurrency payment channels, offering extensive foreign exchange support to meet overseas education expenses, travel, and global business needs.
• Meet the demand for fiat and cryptocurrency exchanges: By connecting directly with top licensed trading platforms and exchanges, SGB supports instant, secure, and seamless conversion between fiat and cryptocurrencies.
• Global Asset Allocation: Clients will gain access to a diversified range of global investment opportunities that include traditional and digital assets, high-yield savings and fixed deposit accounts, as well as unique investment opportunities in Asia and the Middle East and North Africa.

SGB provides comprehensive and innovative services for global digital economy participants, including remote workers, digital nomads, self-employed traders, and high-net-worth individuals. Currently, SGB is gradually opening registration, accepting applications only from invited users in response to the enthusiastic market reaction.

Upholding the principle of compliance above all, SGB is pioneering a new era in banking, enabling everyone to easily access and manage digital and traditional assets within an integrated network, driving the next billion users to participate in future finance.

( About SGB

SGB is the first licensed bank in Bahrain to provide services to global investors, innovators, and institutions. As a bank focused on the digital economy, SGB is committed to achieving seamless integration between digital finance and traditional finance, and providing financial connectivity for the Asia and Middle East-North Africa regions.