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Bahrain s Mumtalakat invests in Singapore Gulf Bank

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, has announced plans to invest in Singapore Gulf Bank (SGB), a new digital bank founded by Whampoa, a privately-held investment group headquartered in Singapore.

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Mumtalakat Invests in Singapore Gulf Bank

Bahrain Mumtalakat Holding Company (Mumtalakat), the Sovereign Wealth Fund of the Kingdom of Bahrain, alongside its strategic partner Whampoa Group, a privately-held investment group headquartered in Singapore, announced that Mumtalakat will be investing in Singapore Gulf Bank (SGB), a new digital bank backed and founded by Whampoa. The announcement was made in the presence of…

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