Safety fears shut bank show Sibos

Security fears have forced the cancellation of this year’s Singapore banking technology exhibition and conference Sibos.

Security fears have forced the cancellation of this year’s Singapore banking technology exhibition and conference Sibos. The show was due to take place from 15-19 October at Singapore International Convention and Exhibition Centre but many US delegates said they would not go to the show because of the war in Afghanistan. A statement from show organiser Swift said: “The decision to cancel Sibos 2001 does not reflect concerns and security in Singapore.” Next year’s show in Geneva will still go ahead as planned from 20-24 September. The show will return to Singapore in 2003. “Delegates were canvassed on whether the show should go ahead. Results showed that about 25% of them said they would not attend,” said an industry source. “I think the feeling was that they would rather be in their offices at work at this time, rather than at the show.” UK design agency Colbrand designed stands for HSBC and Maybridge at the show. A Colbrand spokesman said: “It’s very disappointing. The one good thing is that we will be working with them for the Geneva show. The stands will be stored and reused next year although the graphics have to be redone. We don’t want to scrap the projects.”

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