How Singapore got so good at SME banking

Singapore’s big-three lenders – UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?

Back in 2016, as part of Euromoney’s annual Awards for Excellence, we issued our first awards to banks serving up the best product offering to small- and medium-sized enterprises.

Singapore’s OCBC was named Asia’s best bank for SMEs that year – and the one that followed. Its domestic peers UOB and DBS then chipped in. To date, that prize has never been awarded to a non-Singaporean lender.

Even on the international stage, few can compare with the trio.

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