The ESS is aimed at helping individuals and Small and Medium-sized Enterprises (SMEs) facing cashflow difficulties transition gradually to full loan repayments.
The extended support measures will give such individuals and businesses currently under the Special Financial Relief Programme (SFRP) loan repayment deferrals more time to resume repayments. The support measures will also be available to customers previously not under the SFRP, but who are now facing cashflow challenges. These extended measures will progressively expire over 2021.
Extended Support Scheme – Standardised (ESS-S)
Extended Support Scheme – Standardised (ESS-S) - [Updates announced on 24 Jun 2021]
ESS – Customised Application Package
Frequently Asked Questions – ESS for SMEs
Frequently Asked Questions – ESS for SMEs - [Updates announced on 24 Jun 2021]
As economic activities continue to resume, customers who are able to resume paying your loan instalments in full are encouraged to do so from 1 January 2021, as further deferment increases overall debt. If not, please check your eligibility below and get in touch with your bank to discuss tapping into the schemes.
(Reproduced with permission from the Monetary Authority of Singapore)
Please click here for the MAS Media Release on 5 October 2020.
Please click here for the Ministry of Law's press release on the Simplified Insolvency Programme on 5 October 2020.
Please click here for the MAS Media Release on 24 June 2021.
Bank/Financial Institution
Contact
DBS Bank
go.dbs.com/covid19-support
OCBC Bank
1800 249 5626 / (65) 6538 1111
https://www.ocbc.com/group/covid19-support/index.html
United Overseas Bank
1800 226 6121
Bank of China
1800 669 5566
enquiry.sg@bankofchina.com
CIMB Bank
sg.commercialbanking@cimb.com https://www.cimbbank.com.sg/en/business/news-and-promotions/promotions/covid19-schemes.html
Citibank
Please contact your relationship manager
customer.assistance.sg@citi.com (with subject: COVID Assistance)
HSBC
HL Bank
(65) 6512 8368 Call-Centre@hlbank.com.sg
Industrial and Commercial Bank of China
(65) 6369 5588 icbcsg@sg.icbc.com.cn
Maybank
1800-777 0022
cs@maybank.com.sg
RHB
1800 323 0100
Standard Chartered Bank
(65) 6743 3000
American Express
Please call the number on the back of your card.
Diners Club
(65) 6571 0100