Posts in tag

DBS

EnvironmentLah!

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 …

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EnvironmentLah!

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 …

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Lah!People

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 …

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Lah!

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 …

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Lah!

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 …

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Lah!

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 …

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People

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 …

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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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Cities

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 …

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Lah!

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 …

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