Singapore’s Green Link Digital Bank Posts S$16.1 Million Profit in 2025
Singapore’s Green Link Digital Bank reported a profit after tax of S$16.1 million in 2025, a significant turnaround from a loss in the previous year. The digital wholesale bank, licensed by the Monetary Authority of Singapore, saw its total operating income climb to S$71.8 million, driven by increases in both net interest income and net fees and commission income. Green Link Digital Bank achieved profitability in September 2024 and maintained this positive trajectory throughout 2025. This financial milestone is part of its strategy to build a sustainable business model focused on the needs of micro, small, and medium-sized enterprises (MSMEs) in Singapore, aiming to bolster confidence in the nation’s burgeoning digital banking sector.
Green Link Digital Bank’s swift move to profitability underscores a maturing landscape for digital banking in Asia, particularly within highly regulated markets like Singapore. This achievement, just a few years after the issuance of digital bank licenses, validates the regulatory framework and the business models targeting underserved segments like MSMEs. The focus on MSMEs highlights a critical market need for accessible and efficient financial solutions, which traditional banks have often struggled to meet effectively. The bank’s success could encourage further investment and innovation in the sector, potentially attracting more players and fostering a competitive environment that ultimately benefits businesses across the region.
The bank’s emphasis on building a sustainable business around MSME needs, including liquidity and investment confidence, signals a strategic alignment with broader economic development goals in Singapore and beyond. Profitability not only strengthens the bank’s own position but also enhances confidence in the overall digital banking ecosystem. This positive signal could accelerate the adoption of digital financial services by MSMEs, driving digital transformation across various industries and contributing to economic resilience in changing market conditions.
