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DBS Bank

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DBS Bank today announced that it has been named “World’s Safest Commercial Bank” by New York-based trade publication Global Finance, marking the first time the bank has achieved this accolade. DBS was also named Asia’s Safest Bank for the 13th consecutive year, extending a track record stretching back to 2009. The bank was ranked 11th …

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Lah!

Banks can accelerate the transition toward a sustainable economy by adopting new impact-reporting standards that account for social- and environmental factors, a group of leading financial institutions said in a call to action on Wednesday. Financial firms need new reporting rules that pull positive and negative externalities like job creation and pollution into standard practices …

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Cities

DBS Bank announced that it has been named the “Safest Bank in Asia” for the 12th consecutive year by New York-based trade publication Global Finance. DBS’ rankings as the fourth-safest commercial bank in the world and 14th safest bank globally remain unchanged from 2019 and 2018. Joseph D. Giarraputo, Global Finance publisher and editorial director, said, …

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Lah!Technology

The Institute of Technical Education (ITE) and DBS Bank are rolling out an enhanced ITE-wide financial literacy programme to all 27,000 of ITE’s attending students. With ITE rolling out Home-Based Learning (HBL) given elevated Covid-19 social-distancing measures, lessons have been adapted accordingly for students. This year’s iteration expands on last year’s pilot, which involved 10,000 …

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Lah!Technology

DBS Bank is the first Singapore bank to join Contour‘s network, growing the number of banks on the platform driving a collective effort to digitalise global trade. Built on R3’s Corda, Contour’s network focuses on digitalising processes, including the creation, exchange, approval and issuance of letter of credits (LCs), which are often tedious and time-consuming. Joining Contour’s …

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