ANEXT BANK PTE. LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about ANEXT BANK PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has a employer brand presence on career platforms
Has accessible contact information online
Negative highlights
- Is relatively new
- No official business profile found on major search engines
Corporate Information
ANT BANK (SINGAPORE)
64130
Wholesale banks
Contact Information for ANEXT BANK PTE. LTD.
ANEXT BANK PTE. LTD.'s Business Reviews
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Public Preview of ANEXT BANK PTE. LTD.
This is only a preview of the TrustScore results for ANEXT BANK PTE. LTD., showcasing a few facets of its business that we have analysed.
Established Stage
A established brand is one that has achieved a strong, recognisable presence in its market or industry. These brands are well-known, trusted and often considered as key brands in their space. They have a significant loyal customer base, a clear and consistent identity, and a proven track record of success and growth.
Key Characteristics
- Strong Brand Recognition: ANEXT BANK PTE. LTD. is likely widely recognised by its target audience and beyond. These brands are usually household names with history, regional or global reach and financial might.
- Market Leadership: ANEXT BANK PTE. LTD. is often seen as a leader or key player in its industry. They dominate the market and often set trends for others to follow.
- Loyal Customer Base: It has a large and dedicated following of customers after 3 years of operation, often associated with brand value and loyalty.
- Consistent Identity: The brand’s mission, values, and visual identity are well-defined and consistently applied. The narrative is often relational and recognisable.
- Diverse Offerings: It has a robust and varied portfolio of products or services that cater to a wide range of customer needs. After sales service and customer support are usually well aligned with company’s offerings.
- Scaled Operations: The brand has the infrastructure, team, and processes to support its size and reach.
- Financial Stability: It generates steady revenue and often has significant market share.
Why It Matters
- ANEXT BANK PTE. LTD. represent stability, trust, and excellence.
- They have proven their ability to adapt, innovate, and thrive over time. However, even established brands must continue to evolve to stay relevant in a changing market.
The company's address is not in use by other companies, providing a unique and credible business location. ANEXT BANK PTE. LTD. is relatively new, having been operational for less than a year. Companies that have been established for a longer period of time are generally considered more reliable and trustworthy.
ANEXT BANK PTE. LTD. is registered on popular career platforms, showcasing job opportunities and employee testimonials. This presence suggests a professional approach to employee engagement and a commitment to building a positive employer brand.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
ANEXT BANK PTE. LTD. has accessible contact information online, which is a positive indicator of its credibility and transparency. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueAssociated News for ANEXT BANK PTE. LTD.
CHINESE fintech giant Ant Group on Monday (Jun 6) soft launched its digital wholesale bank in Singapore, called ANEXT Bank, to focus on serving regional micro, small and medium enterprises – especially those with cross-border operations. This marks the latest digital bank to be unveiled in Singapore, following the launch of Green Link Digital Bank, by Greenland Financial and Linklogis Hong Kong, on Jun 3. Both Ant and the Greenland consortium were awarded digital wholesale bank licences in December 2020. ANEXT is led by chief executive Toh Su Mei, a banking industry veteran of over 20 years, who was formerly regional head of SME loan product management and alternative lending at DBS, according to her LinkedIn profile. The digital bank received approval from the Monetary Authority of Singapore (MAS) to commence business on Jun 2.
CHINESE fintech giant Ant Group on Monday (Jun 6) soft launched its digital wholesale bank in Singapore, called ANEXT Bank, to focus on serving regional micro, small and medium enterprises – especially those with cross-border operations. This marks the latest digital bank to be unveiled in Singapore, following the launch of Green Link Digital Bank, by Greenland Financial and Linklogis Hong Kong, on Jun 3. Both Ant and the Greenland consortium were awarded digital wholesale bank licences in December 2020. ANEXT is led by chief executive Toh Su Mei, a banking industry veteran of over 20 years, who was formerly regional head of SME loan product management and alternative lending at DBS, according to her LinkedIn profile. The digital bank received approval from the Monetary Authority of Singapore (MAS) to commence business on Jun 2.
Ant Group launches digital bank ANEXT in Singapore
China's Ant Group, a financial technology giant controlled by billionaire Jack Ma, on Monday (Jun 6) said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on Jun 2, Ant and wholly owned ANEXT said in a joint statement. The move marks one of Ant's biggest overseas pushes since its US$37 billion initial public offering (IPO) was derailed by Chinese regulators in late 2020. Ant obtained one of Singapore's first digital wholesale banking licences at the end of 2020 allowing it to serve large clients, including financial institutions and corporations.
6 June 2022
ANEXT BANK PTE. LTD.'s Website Information
ANEXT BANK PTE. LTD.'s Website Registration Information
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.