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Bruc Bond Announce Expansion into Asian Market with Singapore Opening

by Company Announcement February 12, 2020

Bruc Bond, (formerly Moneta International), a specialist in business banking and international payments from Lithuania, has announced the opening of its Singapore office in the heart of the thriving financial district.

Bruc Bond shared that it is working with a range of clients in the region, including local SMEs looking for flexible business banking solutions, as well as several global multinational businesses with bases in Singapore wanting a banking partner that understands the cultural sensitivities of doing business in Asia.

Krishna Subramanyan

Krishna Subramanyan Chief Executive Officer of Bruc Bond Pte. Ltd,

“We are at an exciting time in Asia-Pacific, offering a range of business opportunities along with an equally exciting mix of rich cultural diversity. Singapore, perhaps more than any other in the region, continues to demonstrate how such diversity can be super-charged with an environment that fosters innovation, particularly in financial services. The challenge is to simplify complex solutions with not just technology, but also through a sensitive approach that is client-centric, something that Bruc Bond excels in.”

 

They expect to grow the local team to 25 employees in the next two years while processing in excess of $1bn dollars per year that will see a clear return on investment by year three of operating.