THE Monetary Authority of Singapore (MAS) on Friday said that all financial institutions will continue to operate, although with reduced staffing on their premises, in line with the advisory from the Ministry of Health on maximising telecommuting. Read more at The Business Times.
MAS said banking services will continue to function through online channels, ATMs and bank branches. Insurance, broking, custody, asset management, and financial advisory services will also continue to be available.
ABS said it will coordinate among its member banks to ensure that in making these changes, branches remain"well distributed" across the country to adequately meet their customers’ needs. It added:"All ATMs, including those at the temporarily closed branches, will remain available for cash services and withdrawals."
It added that customers applying for the financial relief measures such as the deferral of bank loan and insurance premium payments announced by MAS on March 31 are urged to contact their financial service providers through phone or email.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19: Financial services remain open and available – MASThe Monetary Authority of Singapore (MAS) affirmed that financial services will remain open and available to all customers and counterparties in Singapore and globally.
Read more »
Coronavirus: Financial services like banks will remain open, says MASSINGAPORE - All financial services like banks will remain open and available, said the Monetary Authority of Singapore (MAS) on Friday (April 3).. Read more at straitstimes.com.
Read more »
Covid-19: Proposed law will not harm banks’ interests, Singapore’s role as international financial centre, says MASSINGAPORE — The Monetary Authority of Singapore (MAS) said on Wednesday (April 1) that the Covid-19 (Temporary Measures) Bill will be “carefully scoped” to avoid impairing the interests of banks and Singapore’s role in international financial transactions.
Read more »
Exclusive: Amazon in contact with coronavirus test makers as it plans pandemic responseAmazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of ...
Read more »
Coronavirus: Private security firms can continue operations, says Security Association SingaporeSINGAPORE - Private security personnel will continue operating where they have been deployed, even as most workplaces in Singapore shutter from April 7 as part of an enhanced measure to limit the spread of the coronavirus.. Read more at straitstimes.com.
Read more »
Fiat Chrysler to start three Italian sites immediately after lockdown ends: UnionFiat Chrysler aims to restart operations at three Italian sites as soon as the government lifts coronavirus restrictions on manufacturing, a ...
Read more »