SG Talk
Is SG Banking Sector Sinking? - Printable Version

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Is SG Banking Sector Sinking? - Ola - 26-10-2022

Many POSB and DBS Branches have closed down over the past 7 or maybe 10 years

causing great inconvenience to the elderly

But DBS said because not enough frontline staff


RE: Is SG Banking Sector Sinking? - Ola - 26-10-2022

Now, Banks in Ang moh countries

also open on every Saturdays 
[Image: IMG-E5431.jpg]


RE: Is SG Banking Sector Sinking? - Ola - 26-10-2022

Most UK Banks open on Saturdays

till 12:30pm or till 3:30pm, too

But SG Banks are not catching up with service standards


RE: Is SG Banking Sector Sinking? - hansamu - 26-10-2022

(26-10-2022, 09:30 AM)Ola Wrote:  Many POSB and DBS Branches have closed down over the past 7 or maybe 10 years

causing great inconvenience to the elderly

But DBS said because not enough frontline staff
They garnered lots of heartland accounts during early years....was like so convenient then.

Now having achieved their objectives, and knowing full well most people will not abandon their accounts, they just shut down branches to save cost and make lives very difficult for those seniors and less savvy .

Merciless.


RE: Is SG Banking Sector Sinking? - dynamite - 26-10-2022

No. SG currency is like Swiss Franc or USD of Asia.


RE: Is SG Banking Sector Sinking? - winbig - 26-10-2022

(26-10-2022, 09:30 AM)Ola Wrote:  Many POSB and DBS Branches have closed down over the past 7 or maybe 10 years

causing great inconvenience to the elderly

But DBS said because not enough frontline staff

All big neighborhood shopping centres will have bank branches. Also a lot of services can be done online now.


RE: Is SG Banking Sector Sinking? - Migrant - 26-10-2022

For the elderly, it can be a problem. 
For those who know how to use digital banking it's really convenient.
Stay home, can buy goods, order food, transfer money, check bank a/c.
Got to keep up with the times.


RE: Is SG Banking Sector Sinking? - Lukongsimi - 26-10-2022

Quote:in future no more banks only online transactions and atm cash in and out
2 years me haven’t been to a bank