LONDON (Reuters) - Standard Chartered has agreed a joint venture deal to launch a digital-only bank in Singapore with the country's National Trades Union Congress (NTUC).

       A Standard Chartered vehicle will take a 60% stake in the venture, worth S$144 million (US$107.28 million), with the NTUC's enterprise arm taking the remaining 40% stake, worth S$96 million, the London-listed bank said on Monday.

       The planned venture comes after StanChart launched its digital-only Mox Bank brand in Hong Kong last year and amid a boom in fintech investments in Southeast Asia.

       A decision on the Singaporean venture's branding has yet to be decided, a Standard Chartered spokesperson said.

       The Standard Chartered vehicle involved in the transaction obtained a full Singaporean banking licence in December last year, the company said.

       ($1 = 1.3423 Singapore dollars) (Reporting by Iain Withers; editing by Simon Jessop and Louise Heavens)