Thursday, 30 May 2024

Maybank supports Singapore charities with tailored financial solutions

5 min read

Maybank launched the Maybank myimpact community package which offers all registered charities under the Singapore’s Commissioner of Charities, a suite of financial solutions to help them scale up and improve their operational efficiency.

As a bank committed to financial inclusivity guided by values-based finance, the Maybank myimpact community package demonstrates the bank’s ongoing efforts to make a difference to the community.

Helena Ooi, head of strategy at Maybank Singapore said: “Aligned with Maybank’s mission of humanising financial services, we are committed to making a lasting difference in the community by providing the necessary support and solutions to non-profit organisations. We continue to advance this commitment with the launch of the Maybank myimpact community package, which provides tailored support and resources to charities– empowering them to scale up their impact on the community. The package was designed with the community in mind, with the hope of fostering a community where every individual can thrive.”

Non-profit organisations who are registered charities with the Commissioner of Charities in Singapore and have a Maybank business account, can sign-up to enjoy the following key benefits:

• Preferential Singapore dollar deposit rates
• Free SGQR labels for payment collections via PayNow
• Potential to receive up to SGD 150,000 ($110,000) in recyclable grants and networking opportunities through the Maybank Momentum grant - the first recyclable grant in Singapore, which supports more than 17 charities and over 25,000 beneficiaries.

Re-disseminated by The Asian Banker

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