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.

Banking & finance

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.

Banking & finance

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.”
MAS to recognise single-family offices' contributions to charity, blended finance, climate solutions: Tharman - THE EDGE SINGAPORE

Banking & finance

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.”

Banking & finance

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.
MAS to set up association to scale voluntary carbon markets, transition finance, blended finance - THE EDGE SINGAPORE

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.

Banking & finance

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.

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.”

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.

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.
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