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A Shared Purpose: ABS and Member Banks Give Back to Society

The Straits Times

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August 13, 2025

Uniting banks for a greater social purpose

The financial sector in Singapore has long sought to fulfill its role, not only in supporting economic development, but also in uplifting the broader community. As Singapore marks 60 years of independence, ABS and its member banks continue to affirm their commitment to social responsibility by coming together to give back meaningfully to society. With over 150 member banks, ABS has consistently led collective efforts that reflect the sector's deep-rooted belief in shared prosperity. Indeed, ABS' member banks individually contribute to, and actively support, many community and social responsibility programmes.

Initiatives such as the ABS Community Giveback Programme and ABS' continued support for the President's Challenge show how a united industry can make a difference. These efforts span financial literacy outreach, support for low-income households, green awareness campaigns, and scam education programmes – critical issues that directly affect the well-being of everyday Singaporeans. Leveraging the collaborative spirit that underpins all that the association does, they amplify the industry's collective impact.

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