Year | |||||
---|---|---|---|---|---|
2016 | 2017 | 2018 | 2019 | 2020 | |
Total number of institutions offering payment services/instruments | 162 | 164 | 161 | 161 | 160 |
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 | 124 | 128 | 127 | 131 | 132 |
Value of payment accounts (SGD millions) | 21,970 | 21,513 | 23,461 | 23,029 | 30,218 |
Banks | |||||
Total number of entities | 157 | 159 | 156 | 158 | 156 |
Number of branches or offices | 462 | 460 | 435 | 424 | 395 |
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) | 596,610 | 609,852 | 613,650 | 652,665 | 715,035 |
Breakdown of 'banks' by subcategory | |||||
Full banks | |||||
Total number of entities | 33 | 34 | 33 | 34 | 33 |
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 | 53 | 57 | 92 | 97 | 99 |
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 | 38 | 37 | 2 | 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 | 33 | 31 | 29 | 27 | 24 |
Number of branches or offices | 33 | 31 | 29 | 27 | 24 |
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) | 13,600 | 13,354 | 14,094 | 14,488 | 15,833 |
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 | 4 | 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) | 342 | 397 | 417 | 444 | 392 |
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 |