Number of financial institutions in Singapore 2019, by type

In 2019, there were 757 capital markets services licensees in Singapore, and 187 insurance companies. Singapore has established itself as a financial services hub in Asia. In 2017, Singapore attracted around 853.81 billion Singapore dollars in foreign direct investment in the financial and insurance services.

Number of financial institutions in Singapore in 2019, by type

Number of institutions
Capital markets services licensees757
Registered fund management companies262
Insurance companies187
Asian currency units156
Banks131
Insurance brokers83
Licensed financial advisers64
Licensed trust companies57
Bank representative offices39
Merchant banks27
International money brokers11
Finance companies3
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Sources

Release date

August 2019

Region

Singapore

Survey time period

2019

Supplementary notes

Data as at end of March.

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