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With new ‘branch’ status, VP Bank Singapore looks to deploy Euro balance sheet

VP Bank, the Liechtensteinian pure play with a subsidiary presence in Singapore, intends to ramp up its regional credit business once changes to its legal structure in the city-state are implemented around July 2018. The private bank said today that it will upgrade to ‘branch’ status and will acquire a wholesale licence in Singapore. The changes will open the door…

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