The Association of Banks in Singapore
Non-Governmental organization in Singapore
Company / About
The Association of Banks in Singapore – Banking Industry Association
The Association of Banks in Singapore (ABS) is a non-profit industry association that represents the interests of banks and financial institutions operating in Singapore. ABS plays a key role in promoting the growth, stability, and competitiveness of Singapore’s banking sector by facilitating dialogue among members, working with regulators, and advancing industry-wide initiatives.
By serving as a collective voice for the banking community, ABS supports initiatives that strengthen financial services, enhance regulatory frameworks, and contribute to Singapore’s reputation as a leading global financial centre.
Overview of The Association of Banks in Singapore
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Industry Body: Represents banks and financial institutions in Singapore
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Focus Areas: Banking policy advocacy, industry standards, and financial stability
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Collaborative Role: Works with regulators, government agencies, and international partners
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Membership: Includes local and foreign banks licensed in Singapore
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Objective: Promote a resilient, innovative, and competitive banking environment
Key Functions & Initiatives
Industry Representation
ABS represents member banks in discussions with government agencies and regulators to shape policies that support a sound banking ecosystem.
Policy Advocacy
Contributes to the development of industry guidelines, best practices, and frameworks that enhance financial stability and consumer protection.
Industry Research & Insights
Provides thought leadership, industry research, and publications that inform stakeholders about trends and issues affecting the banking sector.
Collaboration & Networking
Organises events, forums, and working groups to foster collaboration among member banks, regulators, and industry participants.
Education & Outreach
Promotes financial literacy, banking awareness, and understanding of key industry developments.
Why The Association of Banks in Singapore Matters
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Supports the long-term stability and competitiveness of Singapore’s banking sector
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Facilitates dialogue between banks and regulatory authorities
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Encourages adoption of best practices and industry standards
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Enhances Singapore’s position as a trusted global financial hub
Looking for banking industry information or insights in Singapore? The Association of Banks in Singapore provides leadership, collaboration, and advocacy for the financial services community.
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