T3: Institutions offering payment services / instruments
(units, unless otherwise stated; end of year)| Year | |||||
|---|---|---|---|---|---|
| 2017 | 2018 | 2019 | 2020 | 2021 | |
 Total number of institutions offeringpayment services/instruments | 164 | 161 | 161 | 160 | 156 |
| Breakdown of 'total number of institutions offering payment services/instruments' by category | |||||
| Central bank | 1 | 1 | 1 | 1 | 1 |
| Number of branches or offices | 0 | 0 | 0 | 0 | 0 |
| Number of payment accounts | 128 | 127 | 131 | 132 | 131 |
| Value of payment accounts (SGD millions) | 21,513 | 23,461 | 23,029 | 30,218 | 30,418 |
| Banks | |||||
| Total number of entities | 159 | 156 | 158 | 156 | 152 |
| Number of branches or offices | 460 | 435 | 424 | 395 | 368 |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Partial breakdown of 'banks, number of payment accounts' | |||||
| Of which: internet-linked (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | 609,852 | 613,650 | 652,665 | 715,035 | 779,638 |
| Breakdown of 'banks' by subcategory | |||||
| Full banks | |||||
| Total number of entities | 34 | 33 | 34 | 33 | 34 |
| Number of branches or offices | nav | nav | nav | nav | nav |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | nav | nav | nav | nav | nav |
| Wholesale Banks | |||||
| Total number of entities | 57 | 92 | 97 | 99 | 97 |
| Number of branches or offices | nav | nav | nav | nav | nav |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | nav | nav | nav | nav | nav |
| Offshore Banks | |||||
| Total number of entities | 37 | 2 | 0 | 0 | 0 |
| Number of branches or offices | nav | nav | nav | nav | nav |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | nav | nav | nav | nav | nav |
| Merchant Banks | |||||
| Total number of entities | 31 | 29 | 27 | 24 | 21 |
| Number of branches or offices | 31 | 29 | 27 | 24 | 21 |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | nav | nav | nav | nav | nav |
| Bank type V | |||||
| Total number of entities | nav | nav | nav | nav | nav |
| Number of branches or offices | nav | nav | nav | nav | nav |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | nav | nav | nav | nav | nav |
| Bank type VI | |||||
| Total number of entities | nap | nap | nap | nap | nap |
| Number of branches or offices | nap | nap | nap | nap | nap |
| Number of payment accounts (thousands) | nap | nap | nap | nap | nap |
| Value of payment accounts (SGD millions) | nap | nap | nap | nap | nap |
| Bank type VII | |||||
| Total number of entities | nap | nap | nap | nap | nap |
| Number of branches or offices | nap | nap | nap | nap | nap |
| Number of payment accounts (thousands) | nap | nap | nap | nap | nap |
| Value of payment accounts (SGD millions) | nap | nap | nap | nap | nap |
| Bank type VIII | |||||
| Total number of entities | nap | nap | nap | nap | nap |
| Number of branches or offices | nap | nap | nap | nap | nap |
| Number of payment accounts (thousands) | nap | nap | nap | nap | nap |
| Value of payment accounts (SGD millions) | nap | nap | nap | nap | nap |
| Branches of foreign banks | |||||
| Total number of entities | nav | nav | nav | nav | nav |
| Number of branches of foreign banks | nav | nav | nav | nav | nav |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | nav | nav | nav | nav | nav |
| Non-banks offering payment services/instruments | |||||
| Total number of entities | 3 | 3 | 3 | 3 | 3 |
| Breakdown of 'non-banks offering payment services/ instruments, total number of entities' by subcategory | |||||
| Non-banks offering storage of value (on a payment account or on a device) | |||||
| Total number of entities | 3 | 3 | 3 | 3 | 3 |
| Number of branches or offices | 39 | 39 | 39 | 39 | 39 |
| Number of payment accounts (thousands) | nav | nav | nav | nav | nav |
| Value of payment accounts (SGD millions) | 13,354 | 14,094 | 14,488 | 15,833 | 14,113 |
| Non-banks relying on storage of value on payment accounts or on a device offered by others | |||||
| Total number of entities | nav | nav | nav | nav | nav |
| MEMO: FOCUS on E-MONEY | |||||
| Total number of e-money issuers | 4 | 4 | 4 | 3 | 3 |
| Partial breakdown of 'total number of e-money issuers' by type of institution | |||||
| Of which: non-banks | nav | nav | nav | nav | nav |
| Total outstanding e-money value (SGD millions) | 397 | 417 | 444 | 392 | 376 |
| Partial breakdown of 'total outstanding e-money value' by type of institution | |||||
| Of which: issued by a non-bank (SGD millions) | nav | nav | nav | nav | nav |