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, OCBC, UOB: Who performed best in Q4 2021?
One of the three failed to meet market expectations.
DBS Digital Exchange poised to become key player in digital assets
The members-only exchange is one of the world’s first bank-backed digital exchanges.
Singapore's carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
DBS rolls out cybersecurity training course for 280,000 SMEs
The two-hour course is made up of 10 modules.
DBS posts record S$6.8b net profits in 2021
Loan growth was at its highest in seven years.
MAS slaps S$930m additional capital requirements for DBS
This comes after the bank’s digital services went offline in November.
SEA banks' more crypto exposure could hit earnings in the long run: Fitch
Banks looking to dab in crypto face operational, reputational, and legal risks.
DBS appoints Helge Muenkel as chief sustainability officer
Muenkel was ING’s head of APAC for sustainable finance and GCM.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021
The bank extended $4.86b in green syndicated and club loans across 40 deals.
DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action
DBS Country Head Shee Tse Koon has apologised for the disruptions.
Singapore banks, SGTraDex to develop standards for green trade finance digitalisation
UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.
Regulation, late digitisation challenge Web 3.0 adoption in wholesale banking
Web 3.0 is taking over, but many businesses have yet to move past Web 1.5.
DBS’ net profits jump 31% to $1.7b in Q3
The non-performing loans rate remained unchanged at 1.5% during the quarter.
DBS rolls out one-stop sustainability-focused platform
The bank will also launch an autonomous carbon calculator service under LiveBetter.
DBS names Soh Kian Tiong as chief risk officer
He has over 25 years of experience in business and risk roles.
DBS Hong Kong, China’s PSBC to offer services under Wealth Management Connect
PSBC is one of the largest state-owned banks in China.
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