Notification

DEAR MEMBERS,

NOTICE IS HEREBY GIVEN THAT THE 63RD ANNUAL GENERAL MEETING OF THE
SINGAPORE BANK EMPLOYEES’ THRIFT & LOAN CO-OPERATIVE LTD WILL BE HELD ON
FRIDAY, 19TH AUGUST 2022, 116 LAVENDER STREET, #04-03, PEK CHUAN
BUILDING, SINGAPORE 338730 AT 7 P.M.

PLEASE SEE UNDER AGM2022 FOR THE AGM DETAILS.

COMMITTEE OF MANAGEMENT

Thank you.

Overview

Singapore Bank Employees’ Thrift and Loan Co-operative Limited (SBETL) is a non profit co-operative in existence since November 1958. It caters to bank employees till manager level.

It encourages thriftiness among its members by way of compulsory contribution or “subscription”. Dividend is paid on the account based on SBETL’s surplus. For many years now, SBETL has been giving out a dividend of not less than 2%. Withdrawal of the dividend is not possible however as it is part of SBETL’s capital and is only given back to the account holder when he ceases to be with SBETL.