Vereinsbank Joins Growing Numbers Of German Banks Entering Singapore


Bayerische Vereinsbank is planning to open a treasury operation in Singapore by September, says Helmut Konrad, general manager at the bank's Munich head office. Singapore will serve as a hub for Asia but this will not affect the bank's business in Hong Kong and Tokyo.

Vereinsbank will have 12 dealers initially in Singapore, focused on FX, money markets and local Asia capital markets. Andreas Schmits, who has been managing the Singapore project in Munich, will be transferred to the city-state

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: