Being fondly known as the People’s Bank, POSB is committed to reach out to the community and make a difference to the lives of Singaporeans. Over the years, we have been supporting community development and promoting financial literacy to both young and old. On top of large scale community programmes organised by the bank, our Branch Managers and officers also play an active role in engaging the community within their neighbourhoods.

Key highlights:

  • More than >592,000 children will benefit from the fund.

  • More than >30,000 seniors benefited from our Senior programmes.

  • More than >$9.3mil raised for POSB PAssion Kids Fund to support 155 programmes

  • More than 80 Active Neighbours serving at POSB branches

For more updates and developments, visit our Newsroom here: dbs.com/newsroom/

 

Empowering the Young

POSB PAssion Run for Kids

Jointly organised with the People’s Association (PA), POSB PAssion Run for Kids has been the annual largest charity kids run since 2008 and attracts over 10,000 participants. To date, over S$9.3 million has been raised for the POSB PAssion Kids Fund to support 155 programmes, reaching out to approximately 592,000 children.

Visit www.posb.com.sg/runforkids for more information.

Saving Programmes for children in need

POSB works closely with Community Development Councils (CDCs) to create savings programmes for the less privileged children through the POSB PAssion Kids Fund. Till date, close to 8,000 children from families in need have benefited from the programmes.

North-West POSB Matched Savings Programme North-East Young Savers Programme

POSB-NLB Kids’ Lit Quiz

In collaboration with National Library Board (NLB), we organized the National Kids’ Lit Quiz to inculcate the habit of reading amongst children in Singapore. There are also exciting events such as the “POSB Literary Questions for Book Out! Quiz”, leading up to Kids Lit Quiz to cultivate the value of thrift at 22 libraries island-wide and exclusive POSB storytelling session at Tampines Regional Library. These are nail-biting competition with all 10 finalist fighting hard for that coveted top spot to represent Singapore for the World final. The World Final was held in Singapore for the first time on 12 July 2019, from 11 participating countries.

Team Singapore pit their wits against others to answer questions on children’s book ranging from classics to comics Singapore hosted Kids’ Lit Quiz World Final for the first time in July 2019
 

Promoting Active Ageing

POSB Active Neighbours

This programme was introduced in 2009 with Council for Third Age (C3A) to promote active lifestyle and lifelong learning for retired seniors through part time work opportunities. The seniors who are above 45 years old are hired and trained as POSB’s digital ambassadors. They proactively encourage and assist customers from all walks of life, especially our seniors to experience and adopt digital banking into their daily lives, so that they can enjoy the convenience of going cashless. There are currently up to 80 Active Neighbours at our full banking POSB branches.  ​

Provide Digital Literacy Training to Seniors

To ensure as many of our POSB senior customers are introduced to digital banking and are better equipped and prepared for the changing payment landscape, POSB has collaborated with various community partners such as Council for Third Age (C3A), Infocomm Media Development Authority (IMDA) and People’s Association (PA) either via workshop-based training or popup booths in the community where our bank staff will introduce and provide hands-on guide for the seniors to build their confidence towards embarking onto their digital journey.

Our workshop "Introduction to Digital Banking" has since 2017 been Skills Future credit approved and seniors can approach any nearest Community Club or check for more information via www.onePA.gov.sg to register their interest for the workshop. ​

Classroom based training for seniors. Booth styled approach to empower seniors.
 

Building The Community

Sharing the POSB story with Singapore

In celebration of POSB’s 140th anniversary, a special POSB Gallery was curated to share POSB’s heritage and how the bank continues to be entrenched in the community and serve the needs of Singaporeans. The gallery roved around 10 heartland locations in 2017, and attracted over 170,000 visitorship. A digital version of the POSB Gallery was also developed to continue sharing the POSB story with Singapore. Visit www.posb.com.sg/virtualgallery to find out more.

Empowering persons with Special Needs

Since 2013, POSB has been conducting learning sessions for students with special needs to empower them, support inclusion and celebrate their abilities. Over 100 graduating students from Grace Orchard and Pathlight School have since participated and learnt how to perform basic banking transactions.

Workshop for Pathlight school at POSB Ang Mo Kio Central branch Workshop for Grace Orchard at POSB Jurong Point branch

Raising Awareness of Dementia at POSB Branches

Prior to the latest report by https://www.population.sg/articles/older-singaporeans-to-double-by-2030 , POSB has started taking steps to refresh our frontline bank staff with basic knowledge on dementia awareness through our external partners, Khoo Teck Puat Hospital (KTPH) and Agency for Integrated Care (AIC).

To further reinforce and ensure our frontline staff are consistent and are familiar with ABS Guidelines on Handling Customers who Lack Mental Capacity  https://abs.org.sg/docs/library/guidelines-handling-customers-mental-capacity.pdf, internal learning materials from KTPH and AIC are readily available in intranet, including a new eLearning on Dementia Awareness will be introduced as part of the annual refresher, replacing the face to face workshop. ​

Supporting Student Development

POSB sponsors various book prizes to recognise Polytechnic and ITE students who have excelled academically. The bank also engages students in meaningful community related projects that are relevant to their field of study, and provides opportunities to showcase these projects.

The bank has also collaborated with Ngee Ann Polytechnic, for POSB [i.Code] Challenge for secondary school students in August 2019. It provides exciting platform for students to discover and explore new and emerging IT Technologies. With the themes ‘I.Code to Contribute’, in line with Singapore Bicentennial, "From Singapore to Singaporean", it focuses on promoting social capital and community development.

Jeremy Soo, Country Head, Consumer Banking Group has been invited as a guest-of-honour for Nanyang Polytechnic, School of IT’s graduation ceremony on 7 May 2019. Secondary school contestants showcasing their prototype at POSB [i.Code] Challenge

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