Notification

DEAR MEMBERS,

The Management Committee is pleased to invite all members for an “Appreciation Dinner” on Friday, 1st March 2024 at 7 p.m. at Moghul Mahal Restaurant, Rangrez Room, #03-01 Khalsa Association, Singapore 217646. (Nearest MRT Farrer Park).

This dinner is to appreciate all your kind support throughout all the years you have been members of the Society.

Kindly join us for this eventful day.
We look forward to seeing you!

Please RSVP by 22nd February 2024 by email at sbetl@sbetl.com.

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.