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Association of Banks in Singapore (ABS)
Singapore news
Central cheque processing system faces technical issue
Cheques deposited on Dec 12 will be credited from 5pm on Dec 13.
December 13, 2023
Zest
Banks in Singapore avert $57.6 mil in scam losses: ABS
The banks’ recently implemented anti-malware tools have further protected customers from potential losses of at least $18.6 mil.
October 24, 2023
Zest
MAS to dangle sweetener for family offices; banks urged to give better returns on deposits
“We need to make it easy for customers to shift their money into high-yielding assets... A year ago I was a little concerned.”
June 28, 2023
Zest
MAS to recognise single-family offices' contributions to charity, blended finance, climate solutions: Tharman
“We need higher levels of investment over a long period of time to solve the world’s largest challenges.”
June 23, 2023
Zest
ABS launches central registry for banks' trade financing deals to avoid duplicates
The industry initiative aims to mitigate the risk of duplicate financing for the same underlying trade.
June 23, 2023
Sustainability
MAS to set up association to scale voluntary carbon markets, transition finance, blended finance
The Association of Banks in Singapore is leading the coordination and set-up of the Singapore Sustainable Finance Association.
June 08, 2023
Zest
Trust in Singapore banking industry increases for second straight year: ABS survey
Respondents' trust came from the banks’ resilience as seen in their “strong business and financial performance" through Covid.
February 13, 2023
Singapore Fintech Festival 2022
Sustainability launches aplenty at MAS, new CSO appointed
“Promoting sustainable finance and climate resilience have grown significantly in the last two years as areas of priority.”
October 27, 2022
Sustainability
ABS launches private banking and wealth management guidelines
The guidelines are principles for private banks to integrate sustainability considerations with their business models & practices.
October 14, 2022
Global Economy
Briefs: Apple to slow hiring and spending in 2023; Tesla sells majority of stake in Bitcoin
"Mission largely accomplished ... hasta la vista, baby." -UK’s Boris Johnson signing off at his final parliamentary appearance.
July 21, 2022