DBS

DBS is a Singaporean multinational banking and financial services corporation offering services in consumer, SME and corporate banking activities across Asia and the Middle East.
See below for the Latest DBS News, Analysis, Profit Results, Share Price Information, and Commentary.

DBS names Lim Chu Chong as president director of DBS Indonesia

Lim is currently the COO of DBS’ Institutional Banking Group.

DBS names Lim Chu Chong as president director of DBS Indonesia

Lim is currently the COO of DBS’ Institutional Banking Group.

DBS opens net zero building DBS Newton Green

The old building consumed about 845,000 kWh each year,

DBS Hong Kong unveils new eco-friendly casual uniform for branch staff

The polyester used is partly made from recycled plastic bottles.

DBS Hong Kong launch Green Mortgage

Customers can earn cash rebates of up to 0.1% upon successful application.

Singapore big three banks poised for earnings growth

UOB, OCBC, and DBS have strong non-interest incomes.

DBS vs OCBC: Which bank will be the bigger winner from an upcycle in interest rates? 

An analyst said one of the banks will have an earnings growth of 15.9% in 2023.

DBS raises fixed home loan rate, scraps 5-year fixed package: report

The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.

Banks’ tech risks intensifies as digitization ramps up: Fitch

Tech failures will have significant reputational and regulatory consequences for banks.

DBS PayLah! enables QR payments in 45 markets through UnionPay

Users can now pay with QR code in one of UnionPay’s 31 million retailers worldwide.

DBS grants A$295m green loan to GIC

It is DBS’s first AUD-denominated green loan.

DBS adds carbon calculator in LiveBetter platform

Users can also now access a curated portfolio of carbon projects to help reach offset goals.

Oxford Sustainability Finance Group founding director to join DBS board sustainability committee

Dr. Ben Caldecott is the first professor in sustainable finance at the University of Oxford.

DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities

SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.

DBS, Shenzhen Rural Commercial Bank to offer Wealth Mgmt Connect Southbound services 

DBS Hong Kong said that 80% of WMC Southbound service clients are new customers.

DBS, Xero simplifies SMEs loan application with data-sharing partnership

Xero customers now has the option of sharing their transaction records to DBS.

Singapore banks report lower earnings in unison

DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.