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Louis Deldicque
Head of International Desk Singapore
Louis Deldicque
Head of International Desk Singapore
Last updated: August 2025
The International Desk Singapore & Asean assists corporate clients of the Crédit Agricole Group in Singapore in carrying out their on-site operations, in particular: account openings, financing arrangements, bank information and advice. To do this, it relies on the Group’s entities and a large local partner banking group.
Singapore's International Desk will be physically represented from January 2026.
Crédit Agricole CIB, the Group’s corporate and investment bank, has been present in Singapore since 1905, as a branch supervised by the Monetary Authority of Singapore. It supports international clients in structured finance, capital markets and cash management. The branch has a full licence.
Other Group businesses present in Singapore:
· Asset Management: Amundi Singapore, Crédit Agricole Asset Management Ltd
· Private Banking: Indosuez (Switzerland) SA, Singapore Branch
For the non-banking sector, the International Desk offers the support of local law and accounting firms and its leading partners in the internationalisation of businesses.
General Information
Singapore's main economic sectors are: financial and service activities, logistics and communication, and manufacturing/construction.
Singapore is not only Asia’s third-largest financial centre, but also a hub for regional trade (one-third of ASEAN’s trade flows pass through Singapore).
Five technology sectors were identified as particularly strategic: electronics, biomedical, information and communication technologies, precision and transport engineering, and clean technologies.
Legal implementation: the Companies Act does not require minimum share capital. However, for practical reasons related to the amount of registration fees, companies generally have a minimum share capital of SGD 100,000. On the other hand, the law requires the issuance and minimum release of 2 shares worth SGD 1, each.
The Registry of Companies and Businesses recommends the assistance of a lawyer in the creation of a foreign-based company. Corporate tax (17%) is one of the most attractive in Asia.
The benefits for customers are:
Low taxation
Political and economic stability
The sound legal framework based on English law
Multilingual services (English, Mandarin, Malay, Tamil)
Connecting to Asian markets
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