Posts in tag

DBS


SK Telecom (NYSE:SKM, hereinafter referred to as “SKT”) today announced that it has secured its first sustainability-linked loan facility from DBS Bank in Singapore. The three-year KRW 200 billion (SGD 238 million) loan facility features interest rate discounts pegged to pre-determined environmental, social and governance (ESG) targets in areas such as carbon emissions management and …

As part of efforts to broaden the suite of products on the DBS Digital Exchange (DDEx), DBS announced today that it has priced an SGD 15 million digital bond, marking DDEx’s first Security Token Offering (STO). The DBS Digital Bond, which comes with a six-month tenor and coupon rate of 0.60% per annum, was done …

DBS announced today that it is tripling the number of job opportunities available at this year’s edition of its ‘DBS Women in Tech’ virtual career fair for female technologists in Singapore, with more than 140 openings available. This builds on the success of the event’s inaugural run in 2020, which saw more than 500 applicants …

Sembcorp Marine Ltd has secured a sustainability-linked financing facility which references the Singapore Overnight Rate Average (“SORA”) from DBS Bank, through its wholly owned subsidiary, Sembcorp Marine Financial Services Pte. Ltd.  This SGD 500 million facility is believed to be the first SORA-based sustainability-linked loan for the maritime industry. The loan’s interest rate comprises two …

DBS is launching Singapore’s first green car loan, the DBS Green Car Loan, to encourage car owners in Singapore to reduce their carbon footprint. Available from 1 March 2021, the DBS Green Car Loan provides a 1.68% p.a.[1] car loan to all customers purchasing new and used electric and hybrid vehicles. The rate is currently …

DBS Bank has been named to the Bloomberg Gender-Equality Index (GEI) for the fourth year running, and in a milestone achievement, is also the sole company in ASEAN in the GEI’s top global quartile this year. Featuring some 380 publicly listed companies from 11 sectors headquartered across 44 countries and regions worldwide, the GEI recognises …

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 …

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 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 …

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 …