DBS
DBS/POSB Increases Number Of New Notes ATMs And Online Reservation Slots This Chinese New Year (CNY)
From 25 January, DBS/POSB customers will be able to obtain new and good-as-new notes for Chinese New Year (CNY) at more locations across Singapore. Bearing in mind the Covid-19 safety measures in place, the bank will also open up more reservation slots for new notes exchange so customers can still access new notes services. Jeremy …
DBS Disburses Record SGD 9 Million To Help Social Enterprises Tide Through Pandemic
With businesses hard hit by Covid-19, DBS has stepped up its support for social enterprises (SEs) with SGD 9 million in loans and grants this year. This is the bank’s largest collective disbursement of loans and grants within a year to SEs since the inception of DBS Foundation – DBS’ foundation arm which was set …
DBS Rolls Out Branch Transformation To Boost Convenience And Accessibility For Customers
DBS announced it is scaling up the transformation of its branches across Singapore as customers seek quicker, socially-distanced, and more personalised branch banking services, and shift their banking to digital platforms amid Covid-19. In response to these shifts, the bank will boost self-service options, while still providing face-to-face assistance. This means that customers can more …
Celebrate Deepavali Safely And Conveniently With DBS eGift
Amid the Covid-19 safe distancing measures, those celebrating Deepavali can choose DBS’ digital option of gifting Deepavali packets and exchanging well wishes with loved ones, even if they cannot gather in large groups. Hosted on DBS PayLah!, one of Singapore’s most popular mobile payment platforms with close to 1.8 million users, DBS eGift is a …
DBS Named Asia’s Safest Bank For 12th Consecutive Year
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, …
DBS And STB Forge Three-year Partnership To Stimulate Tourism Demand And Digitalise Local Businesses To Ensure Future-readiness
DBS and the Singapore Tourism Board (STB) announced a three-year Memorandum of Understanding to stimulate domestic tourism demand in the immediate term, as well as drive cross-border demand and catalyse tourism industry development in the mid- to longterm. The partnership, a first-of-its-kind collaboration between STB and a local bank, will leverage DBS’ ecosystem of services …
DBS Foundation Helps To Support 6,700 Jobs Across Asia; Tackles Job Security Amid Covid-19
Amid the economic uncertainty, 14 social enterprises (SEs) across the region have been able to support lives and livelihoods not only by keeping their employees on the payroll but also by creating new jobs. With the support of the DBS Foundation Business Transformation and Improvement (BTI) Grant[1], these SEs have since retained the jobs of …
DBS Survey Finds Singapore Businesses To Be Most Digitally-ready In Asia-Pacific
The DBS 2020 Digital Treasurer Survey has revealed that businesses in Singapore continue to lead in digitalisation efforts across the Asia-Pacific (APAC). Polling around 1,700 corporate treasurers, CEOs, CFOs and business owners across the region, the survey showed that in terms of digital readiness, close to half (45%) of Singapore’s corporates have a well-defined strategy …
Hongkong Land Secures Its First Sustainability-linked Loan Of HK$1 Billion From DBS | 繁體
Hongkong Land and DBS Bank (DBS) announced that an agreement has been reached to convert an existing five-year revolving credit facility of HK$1 billion, dated February 2020, into a sustainability-linked loan, with the interest rate being indexed against ESG targets. Hongkong Land will be eligible to receive a tiered discount on the interest rate of …
DBS Bank Provides SGD40 Million Loan Facility To Sembcorp Industries For Singapore’s First Single Large-scale Floating Solar Photovoltaic System
DBS Bank has provided a SGD40 million loan facility to Sembcorp Industries (Sembcorp) to build a 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on Tengeh Reservoir in Tuas. The bank is the sole financier for the project. Scheduled to be completed in 2021, the project will be Singapore’s first single large-scale floating solar PV …