DBS Archives - Page 5 of 6

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DBS Further Boosts Its Cash Flow Support For SMEs, Upsizes Collateral-free Digital Business Loan To SGD 200,000

April 9, 2020

DBS announced that it will further bolster its liquidity relief support for SMEs impacted by COVID-19 by increasing the quantum of its Digital Business Loan to SGD 200,000. This is double…

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DBS Extends Enrolment Deadline Of Its Free 30-day COVID-19 Relief Insurance Cover For Customers In Singapore To 31 March 2020

March 18, 2020

Since the launch of our free COVID-19 Hospital Cash insurance policy on 24 February, DBS has received a strong response from our customers in Singapore which, at its peak, recorded…

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DBS Accelerates Trade Digitalisation Efforts With More ‘Industry-firsts’ To Drive Greater Efficiencies For Customers

March 4, 2020

To drive greater efficiencies in trade, DBS Bank has closed another ‘industry-first’ with the completion of the first trade financing settlement through vCargo Cloud’s CamelONE Trade Finance portal (TFP) –…

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Society

DBS Rolls Out Digital Solutions To Give Businesses “Contact-free” Banking Options For Greater Peace Of Mind During Covid-19

February 29, 2020

DBS announced its second round of relief measures to help businesses in Singapore cope better with the COVID-19 situation. These measures are a mix of financial relief packages and a…

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DBS Converts EUR 500 Million Guarantee Facility With Siemens Gamesa Renewable Energy To Green Facility

February 26, 2020

DBS Bank (DBS) announced that it has converted to a green facility, its EUR 500 million bank guarantee issuance facility with Siemens Gamesa Renewable Energy (Siemens Gamesa). Siemens Gamesa is…

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Society

DBS Delivers Care Packages And F&B Treats To Hospitals And Communities Across Singapore

February 25, 2020

DBS is collaborating with social enterprises supported by DBS Foundation and vendors to distribute complimentary care packages, healthy snacks, lunch bentos, coffee and gelato to healthcare professionals who have been…

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DBS Makes Steady Headway In Digitalising Trade; Completes First Fully Digital Trade Financing Settlement On Singapore’s Networked Trade Platform With Audi Singapore and Premium Automobiles

February 6, 2020

Advancing Singapore’s trade digitalisation agenda, DBS Bank, in collaboration with Audi Singapore (Audi) and Audi’s local distributor, Premium Automobiles (Premium), completed the first trade financing transaction on Singapore’s Networked Trade…

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Society

DBS Makes Bloomberg Gender-Equality Index (GEI) For Third Year Running

January 23, 2020

DBS Bank has been named to the Bloomberg Gender-Equality Index (GEI) for the third year running. DBS’ inclusion in this year’s index recognises the bank’s commitment to workplace gender equality.…

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Technology

DBS Launches Industry-first Solution To Transform B2B Payments And Collections Landscape In Singapore

January 22, 2020

Paying suppliers and vendors with cash could soon be a thing of the past for Singapore’s 28,000 coffee shops, hawker centres and restaurants. DBS has launched an industry-first solution to…

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Singapore’s Economic Outlook In 2020

January 17, 2020

Singapore is expected to register around 1.4% growth in gross domestic product (GDP) in 2020, according to the report of DBS Bank. DBS said that this expected growth rate for…

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