MANAMA, Bahrain, Tuesday, 7 April 2026: Singapore Gulf Bank (SGB) today announced it has joined the correspondent banking network of BNY (NYSE: BK), a global financial services company, to further strengthen its U.S. dollar clearing capabilities. The relationship adds another leading U.S. dollar clearing provider to SGB’s growing set of correspondent banking and payment rails while reinforcing its strategy of enabling a trusted global banking infrastructure with modern, always-on settlement capabilities and payments resilience.

This announcement is the latest in a series of milestones for SGB. The bank launched its corporate banking service in late 2024 and introduced SGB Net in May 2025 to enable real-time, multi-currency settlement.

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